• 1 Introduction
  • 2 The model
  • 3 Market Equilibrium
  • 4 The aggregator function and its properties
  • 5 The long run yield of a zero coupon bond and long run forwardrates
  • 6 The yield of a long maturity European call option
  • 7 Appendix: A sketch of proof of Theorem 3.2
  • References