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A speculative bubble is rational as long as... A. ...the asset price corresponds to its fundamental value. B. ...it levels off at a high Fisher
A speculative bubble is rational as long as... A. ...the asset price corresponds to its fundamental value. B. ...it levels off at a high Fisher asset price plateau. C. ...as long as traders believe that the bubble will continue to grow, validate market expectations, and offer the 'normal' return. D. ...prices rise
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Measuring And Managing Credit Risk Quantitative Approach For Default Risk Data Analysis And Models For Loss Distributions Unique Strategies For Back Capital Allocation And Saucerization
Authors: Arnaud De Servigny , Olivier Renault
1st Edition
0071417559,007178800X
