People are willing to buy and store shares of stock despite the fact that their purchase ties

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People are willing to buy and “store” shares of stock despite the fact that their purchase ties up capital. Most people, however, are not willing to buy and store soybeans. What is the difference in the properties of the expected evolution of stock prices versus soybean prices that accounts for this result?

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ISE Investments

ISBN: 9781260571158

12th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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