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About Holding costs and equilibrium arbitrage
Section HI demonstrates the solution method for themodel there are Lr_„-Lr^„+i sellers in the market for red bonds. reveal that the effect of arbitrage activity can be seen by comparing. dZ. E[-.^|LJ and . Duffie, D. and T. Sun (1989) "Transactions Costs and Portfolio Choice in a Discrete-Conti
Detailed Information
| Author: | Tuckman, Bruce |
|---|---|
| Publication Year: | 2008 |
| Pages: | 54 |
| Language: | English |
| File Size: | 1.46 |
| Format: | |
| Price: | FREE |
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