Sökning: "Vasilis Dedes"

Hittade 2 uppsatser innehållade orden Vasilis Dedes.

1. 1. How to determine fair value for life insurance policies in a secondary market

   Master-uppsats, Handelshögskolan vid Umeå universitet

   Författare :Vasilis Dedes; [2011]
   Nyckelord :Life Settlement; Mortality; Stress Testing; Monte Carlo Simulation; Pricing; Life Insurance;

   Sammanfattning : In this study a methodological approach is presented on how transactions in the secondary market for life insurance policies can be fairly priced for both policyholders and life settlement companies. Monte Carlo simulation of mortality on a pool constructed based on actual data of 85 life settlement transactions shows that a realistic assumption for the range of offered prices is limited to 15% and 20% of the face amount of the policy, given a required return of 7%. LÄS MER

3. 2. Reconciling capital structure theories: How pecking order and tradeoff theories can be equated

   Kandidat-uppsats, Handelshögskolan vid Umeå universitet

   Författare :Vasilis Dedes; [2010]
   Nyckelord :Capital structure; Pecking order theory; Tradeoff theory; Reconciliation; Mean reversion; Sweden;

   Sammanfattning : In this paper we study the pecking order and tradeoff theories of capital structure on a sample of 121 Swedish, non-financial, listed firms over the period between 2000 - 2009. We find that the Swedish firms’ financing behavior appears to have features consistent with the predictions of both theories. LÄS MER