Modeling Illiquidity Premium and Bid-Ask Prices of Financial Securities
by
Azar Karimov
Language: English
Release Date: September 29, 2017
This book introduces readers to a new approach to identifying stock market bubbles by using the illiquidity premium, a parameter derived by employing conic finance theory. Further, it shows how to develop the closed form formulas of the bid and ask prices of European options by using Black-Scholes...