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a. Describe how price discovery occurs in the Glosten and Milgrom (1985) model. b. How does the Glosten and Milgrom (1985) model differ from the
a. Describe how price discovery occurs in the Glosten and Milgrom (1985) model.
b. How does the Glosten and Milgrom (1985) model differ from the Kyle (1985) model?
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Financial Analysis With Microsoft Excel
Authors: Timothy R. Mayes
9th Edition
0357442059, 9780357442050
