Rational Pricing

Rational Pricing

Fouad Sabry

Språken
FörlagOne Billion Knowledgeable
ISBN6610000521937

What is Rational Pricing The assumption that asset prices, and consequently asset pricing models, will represent the arbitrage-free price of the asset is known as rational pricing. This assumption is based on the fact that any departure from this price will be "arbitraged away" throughout the proce