Derive the log-linear approximation (7.13). Data From 7.13 R+1k+plog St+1+ (1 - p) log d+1 - log

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Derive the log-linear approximation (7.13).

Data From 7.13

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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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Derive the log-linear approximation (7.13). Data From 7.13 R+1k+plog St+1+ (1 - p) log d+1 - log

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R+1k+plog St+1+ (1 - p) log d+1 - log St. (7.13)

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Financial Markets Theory Equilibrium Efficiency And Information

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