51) "the theory purports to provide an explanation of the holding of all stocks, including those for which there is not an fighting(a) future market. it will be shown that, on the supply side, in addition to the marginal expenditure on physical repositing and the marginal convenience yield another variable, a fortune premium, is required to explain the holding of stocks as functions of price spreads. in the empirical part of...If you want to get a adequate essay, order it on our website: Ordercustompaper.com
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