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Valuation of Stock-Based Compensation Awards and SPAC Founder Shares Subject to Moving Average Vesting Conditions: A Closed-Form Approximation

The study introduces a closed-form approximation for the fair value of market-based awards and SPAC transactions, providing a strong alternative to Monte Carlo simulation methods.

Featured in No. 49 on 15 May 2024 · 4 days after release · 0 citations today

Released
11 May 2024
First featured
No. 49 · 15 May 2024
Citations (Semantic Scholar)
0
Influential citations
0
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
4
Identifier
SSRN 4825109

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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