Kenneth B. Dunn

Professor of Financial Economics, Emeritus

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Education

• Purdue University - Ph D - 1979
• The Ohio State University - MBA - 1976
• The Ohio State University - BS - 1974

Publications

• The Effect of Refinancing Costs and Market Imperfections on the Optimal Call Policy and the Pricing of Debt Contracts

  (author(s): Chester Spatt, Kenneth Dunn)
  Real Estate Economics 33, 2005; 595-617

• Call Options, Points and Dominance Restrictions on Debt Contracts

  (author(s): Chester Spatt, Kenneth Dunn)
  Journal of Finance 54, 1999; 2317-2337

• The Relative Pricing of High-Yield Debt: The Case of RJR Nabisco Holdings Capital Corporation

  (author(s): Chester Spatt, Robert Dammon, Kenneth Dunn)
  American Economic Review 83(5), 1993; 1090-1111

• Voluntary Conversion Of Convertible Securities And The Optimal Call Strategy

  (author(s): KB DUNN, KM EADES)
  Journal Of Financial Economics 23(2), 1989; 273-301

• Modeling The Term Structure Of Interest-Rates Under Nonseparable Utility And Durability Of Goods

  (author(s): KB DUNN, KJ SINGLETON)
  Journal Of Financial Economics 17(1), 1986; 27-55

• An Analysis Of Mortgage Contracting - Prepayment Penalties And The Due-On-Sale Clause

  (author(s): Kenneth Dunn, Chester Spatt)
  Journal Of Finance 40(1), 1985; 293-308

• A Strategic Analysis of Sinking Fund Bonds

  (author(s): Chester Spatt, Kenneth Dunn)
  Journal of Financial Economics 13(3), 1984; 399-423

• An Empirical-Analysis Of The Pricing Of Mortgage-Backed Securities

  (author(s): KB DUNN, KJ SINGLETON)
  Journal Of Finance 38(2), 1983; 613-623

• A Comparison Of Alternative Models For Pricing Gnma Mortgage-Backed Securities

  (author(s): KB DUNN, JJ MCCONNELL)
  Journal Of Finance 36(2), 1981; 471-484

Working Papers

• The Valuation of Warrants with Usable Bonds: Relative Supplies and the Allocation of the Usability Premium

  (author(s): Chester Spatt, Kenneth Dunn, S. Heston)
  1986

University Service

• Chairperson, TEPPER DEAN'S POLICY ADVISORY (2006 - 2007)
• CMU MSCF PROGRAM STEERING (2005 - 2006)

Professional Activities

• Member, NextEra Energy Board of Directors (December 2010 -)
• Member, Pittsburgh Symphony, Board of Directors (January 2007 -)
• Member, BlackRock, Inc., Board of Directors and the Audit Committee (December 2005 -)
• Member, Friends Central School, Trustee and Chair of Investment Committee (January 1999 -)