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Hardcover Advances in Quantitive Analysis of Finance and Accounting Book
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ISBN: 0762309695

ISBN13: 9780762309696

Advances in Quantitive Analysis of Finance and Accounting

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The purpose of this paper is to incorporate both skewness and kurtosis explicitly through extending Zhang (1994) to provide bounds for the prices of and expected payoffs for options, given the first two moments of skewness and kurtosis. The rest of this paper is organized as follows. Section II distributions of terminal stock prices with given expected prices, standard deviation, skewness, and kurtosis under the assumption that the underlying asset...

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Accounting Accounting & Finance Business Business & Finance Business & Investing Econometrics Economics Finance Politics & Social Sciences Popular Economics

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