Question: What is the primary difference between the Garman and Amihud and Mendelson inventory models? A. The objective in Garman is minimizing bankruptcy risk while Amihud
What is the primary difference between the Garman and Amihud and Mendelson inventory models?
A. The objective in Garman is minimizing bankruptcy risk while Amihud and Mendelson maximize profit
B. Garman emphasizes inventory, while Amihud and Mendelson emphasize the spread
C. Garman views orders as informative about future prices, while Amihud and Mendelson view them as random
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