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May 17, 2006
Arbitrage Pricing
We began with a discussion of arbitrage pricing. This concept suggests that the present value relation will hold at all times.
Posted by bparke at May 17, 2006 10:17 PM
Main | Pricing Bonds and Stocks »
We began with a discussion of arbitrage pricing. This concept suggests that the present value relation will hold at all times.
Posted by bparke at May 17, 2006 10:17 PM