Question
Under the Kyle (1985) model equilibrium and all else being equal, the informed trader's trading demand increases with: a. The change in the fundamental value
Under the Kyle (1985) model equilibrium and all else being equal, the informed trader's trading demand increases with:
a.
The change in the fundamental value of the stock
b.
The informed trader's information advantage
c.
The uninformed traders' realised trading demand
d.
The number of dealers in the market
Under the Kyle (1985) model equilibrium and all else being equal, the informed trader's trading demand decreases with:
a.
The number of dealers in the market
b.
The change in the fundamental value of the stock
c.
The informed trader's information advantage
d.
The uninformed traders' realised trading demand
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School Finance A Policy Perspective
Authors: Allan Odden, Lawrence Picus
5th Edition
0078110289, 978-0078110283
