Question: Under the Kyle (1985) model equilibrium and all else being equal, the dealers's price sensitivity to order flow increases with: O a. The number of
Under the Kyle (1985) model equilibrium and all else being equal, the dealers's price sensitivity to order flow increases with: O a. The number of dealers in the market O b. The informed trader's information advantage O c. The change in the fundamental value of the stock O d. The noise created by liquidity traders in the market
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