For a given price-dividend couple ((p, D)), prove that, if there exists a positive (but not necessarily

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For a given price-dividend couple $(p, D)$, prove that, if there exists a positive (but not necessarily strictly positive) linear pricing functional $Q$, then there are no arbitrage opportunities of the second kind.

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Financial Markets Theory Equilibrium Efficiency And Information

ISBN: 9781447174042

2nd Edition

Authors: Emilio Barucci, Claudio Fontana

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Question Posted: Mar 22, 2024 01:00 PM

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For a given price-dividend couple ((p, D)), prove that, if there exists a positive (but not necessarily

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Financial Markets Theory Equilibrium Efficiency And Information

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