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THE EFFICIENCY OF THE FINNISH MARKET FOR RIGHTS ISSUES: AN APPLICATION OF THE BLACK-SCHOLES MODEL

โœ Scribed by Tom Berglund; Bjorn Wahlroos


Book ID
111105194
Publisher
John Wiley and Sons
Year
1985
Tongue
English
Weight
686 KB
Volume
12
Category
Article
ISSN
0306-686X

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โœ Henryk Gzyl; Enrique ter Horst; Samuel W. Malone ๐Ÿ“‚ Article ๐Ÿ“… 2008 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 166 KB ๐Ÿ‘ 1 views

## Abstract In this paper, we describe a general method for constructing the posterior distribution of the mean and volatility of the return of an asset satisfying d__S__=__S__d__X__ for some simple models of __X__. Our framework takes as inputs the prior distributions of the parameters of the stoc