Proceedings of the Fourth Workshop on Computer Modelling in Decision Making (CMDM 2019)

Modeling of the Bond Issue Parameters for the Capital Structure Optimization

Authors
Yulia V. Semernina, Kristina A. Odinokova, Ekaterina A. Nesterenko, Eugene A. Korobov, Alina S. Usmanova
Corresponding Author
Yulia V. Semernina
Available Online 12 December 2019.
DOI
10.2991/ahcs.k.191206.001How to use a DOI?
Keywords
bond issue, computing debt instruments parameters, optimal capital structure, cost of capital, financial simulation model
Abstract

The article proposes a computational model with eight-step algorithm for usage bond issuance as a systematic instrument to finance corporate assets by optimal capital structure. The crucial model points are methodologically accurate calculation of the average credit spread accounting the difference in maturity of marketable and modeled issues and the consideration of market factors. The model allows to use debt financing as a financial manager’s tool for funding and lowering cost of capital.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the Fourth Workshop on Computer Modelling in Decision Making (CMDM 2019)
Series
Atlantis Highlights in Computer Sciences
Publication Date
12 December 2019
ISBN
978-94-6252-858-1
ISSN
2589-4900
DOI
10.2991/ahcs.k.191206.001How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yulia V. Semernina
AU  - Kristina A. Odinokova
AU  - Ekaterina A. Nesterenko
AU  - Eugene A. Korobov
AU  - Alina S. Usmanova
PY  - 2019
DA  - 2019/12/12
TI  - Modeling of the Bond Issue Parameters for the Capital Structure Optimization
BT  - Proceedings of the Fourth Workshop on Computer Modelling in Decision Making (CMDM 2019)
PB  - Atlantis Press
SP  - 1
EP  - 5
SN  - 2589-4900
UR  - https://doi.org/10.2991/ahcs.k.191206.001
DO  - 10.2991/ahcs.k.191206.001
ID  - Semernina2019
ER  -