TY - BOOK AU - Colegio de Estudios Superiores de AdministraciónCesa AU - Callón Fallón,Edgardo AU - Sarmiento Sabogal,Julio TI - A methodological approach for the valuation of callable bonds in emerging markets: The TGI example U1 - 332.63 PY - 2008/// CY - [Bogotá] PB - Colegio de Estudios Superiores de Administración-CESA KW - Mercados emergentes N2 - The purpose of this paper is to clarify some of the difficulties that a practitioner may find in implementing the binomial model for valuing a corporate bond with multiple embedded options in emerging markets. Especially, when faced with the dilemma of determining which should be the proxy variables for the risk-free rate, sovereign risk and country specific risk UR - http://hdl.handle.net/10726/101 ER -