Chapter 8 covers the investment strategy with debt financing constraint, including the trigger, bond, leverage, default point.
第八章研究在债务融资约束的情况下的企业投资战略,包括投资临界值,债息,杠杆率和内生违约点的确定。
参考来源 - 不确定和竞争条件下企业投资决策的期权博弈分析·2,447,543篇论文数据，部分数据来源于NoteExpress
围绕这个事实有一点不能预知的是，不像过去其他国家出现的债务违约，希腊没有它自己的货币。
One big unknown revolves around the fact that, unlike other countries that have defaulted on their debts in the past, Greece does not have its own currency.
例如信贷违约掉期，在雷曼抛出其策略之后，保险费率从4.75个百分点上涨到了6.10个百分点。
The insurance, known as credit default swaps, rose to 6.10 percentage points from 4.75 percentage points after Lehman rolled out its strategy.
截至悉尼时间上午10点08分，澳大利亚股票交易所的必和必拓股价下跌3.3%，至每股38.84澳元，防止债券违约的成本升至3个月来新高。
BHP fell 3.6 percent to A$38.77 at 12:32 p.m. Sydney time on the Australian stock exchange. The cost of protecting its bonds from default rose the most in more than three months.
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