AFM121 Lecture Notes - Lecture 8: Put Option
Document Summary
Short sell you subtract the dividend because it is your responsibility to repay the dividend to the owner. You have to repay the entirety of the loan. Put option if the loss is >,000 (initial investment) you act. Investors are people, not computers. therefore the effects of market efficiency are negated (not completely) by investor irrationality. if they were rational about it there could be example. Frame dependence the tax commercial that makes you want to do your own taxes. The in your pocket when you entered the room is worth more than the given to you. Inattentive or naive investors- stale/old performance is recorded into the mechanical process of calculating hpr. Hpr > 0 but this is only because the -4% of 3 periods ago is a larger loss than the. Why would you check the bottom of your basket of fruits at your local farmers market but not with the investments than.