Suppose that ((S, D)) is a couple of price-dividend processes not admitting arbitrage opportunities. Generalize to the
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Suppose that \((S, D)\) is a couple of price-dividend processes not admitting arbitrage opportunities. Generalize to the multi-period case the proof of Proposition 4.29 and prove Proposition 6.30.
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Financial Markets Theory Equilibrium Efficiency And Information
ISBN: 9781447174042
2nd Edition
Authors: Emilio Barucci, Claudio Fontana
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