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A rational approach to investing is manifested through the realization of a higher yield for a given level of risk, and the realization of a given yield by accepting lower risk levels. Through the investment process, the question that is brought to investors’ attention is the importance of...
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are heteroskedastic, i.e. their volatility is not constant in time For that reason the appropriate mathematical models …
Persistent link: https://www.econbiz.de/10001245056