unsmoothing
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P2.T8.707. The biases of illiquid markets (Ang)
Learning objectives: Evaluate the characteristics of illiquid markets. Examine the relationship between market imperfections and illiquidity. Assess the impact of biases on reported returns for illiquid assets. Describe the unsmoothing of returns and its properties. Questions: 707.1. According...- Nicole Seaman
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- ang illiquid-assets illiquid-markets market-imperfections unsmoothing
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