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Dividends And Mar Ket Ef Ficiency
Essay specific features
Written by:
Teri D
Date added:
September 20, 2012
Level:
University
Grade:
A
No of pages / words:
10 / 2621
Was viewed:
9298 times
Rating of current essay:
Essay content:
While the two port fo lios
have iden tical ex- post risk, the long port fo lio is com posed of stocks with high divi dend
yields and the short port fo lio is com posed of stocks with low divi dend yields. By short ing
the low divi dend yield port fo lio and pur chasing the high divi dend yield port folio, we cre ate
a zero in vestment port fo lio with iden tical risk pat terns...
displayed 300 characters
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While the two port fo lios
have iden tical ex- post risk, the long port fo lio is com posed of stocks with high divi dend
yields and the short port fo lio is com posed of stocks with low divi dend yields. By short ing
the low divi dend yield port fo lio and pur chasing the high divi dend yield port folio, we cre ate
a zero in vestment port fo lio with iden tical risk pat terns...
displayed 300 characters
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