The Closed-end Fund Discount

Author	: Elroy Dimson
Publisher	:
Total Pages	: 84
Release	: 2002
ISBN-10	: CORNELL:31924099115960
ISBN-13	:
Rating	: 4/5 ( Downloads)

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Book Synopsis The Closed-end Fund Discount by : Elroy Dimson

Download or read book The Closed-end Fund Discount written by Elroy Dimson and published by . This book was released on 2002 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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Incomplete Information and the Closed-end Fund Discount

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Type: BOOK - Published: - Publisher:

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We model the closed-end fund discount/premium in a version of Merton's (1978) asset pricing model with incomplete information. In this economy, investors trade