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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Related Book For
ISE Investments
ISBN: 9781260571158
12th International Edition
Authors: Zvi Bodie, Alex Kane, Alan Marcus
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