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Three valuation methods of convertible bonds
Three methods include: basic value method, option pricing method and market pricing method.

1, the basic value method is to evaluate the financial data according to the state of the company's fundamentals corresponding to convertible bonds and the characteristics of bonds and stocks.

2. Based on the option theory, the option pricing method regards convertible bonds as a bond with equity conversion, and estimates the value of bonds from the perspective of options.

3. Market pricing rules are based on the valuation of similar convertible bonds in the market, combined with current market conditions, economic expectations, interest rate levels and other factors.