What is Unsecured Debt?

Unsecured debt refers to debts such as accounts payable that are not secured by assets but purely secured by corporate credit.

Unsecured debt

Unsecured debt refers to the

According to the Black-Scholes model, the value of a put option can be expressed as: Po = & minus; N (& minus; d1) Vo + Fe & minus; rtN (& minus; d2)

1 Edited by Pei Boying. Accounting. China Market Press, 2007.2.

2 Wu Xujun. Research on Loan Pricing of Commercial Banks of China. Social Science Literature Press, 2007.10. ^[1]

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