THE EQUIVALENCE OF ALTERNATIVE MEAN‐VARIANCE CAPITAL BUDGETING MODELS
Pages: 395-401 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04856.x | Cited by: 8
Lemma W. Senbet, Howard E. Thompson
EVALUATING INVESTMENTS IN ACCOUNTS RECEIVABLE: A WEALTH MAXIMIZING FRAMEWORK
Pages: 403-412 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04857.x | Cited by: 46
Yong H. Kim, Joseph C. Atkins
CAPITAL MARKETS AND THE SHORT RUN BEHAVIOR OF LIFE CYCLE SAVERS
Pages: 413-428 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04858.x | Cited by: 12
Walter Dolde
THE COMMON‐STOCK‐PORTFOLIO PERFORMANCE RECORD OF INDIVIDUAL INVESTORS: 1964–70
Pages: 429-441 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04859.x | Cited by: 40
Gary G. Schlarbaum, Wilbur G. Lewellen, Ronald C. Lease
THE PERFORMANCE OF THE BRITISH INVESTMENT TRUST INDUSTRY
Pages: 443-455 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04860.x | Cited by: 9
James R. F. Guy
Pages: 457-475 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04861.x | Cited by: 36
Stanley J. Kon, Frank C. Jen
Pages: 487-503 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04863.x | Cited by: 44
James L. Hamilton
VALUATION CONSEQUENCES OF CASH TENDER OFFERS
Pages: 505-516 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04864.x | Cited by: 50
Donald R. Kummer, J. Ronald Hoffmeister
PORTFOLIO THEORY AND THE PROBLEM OF FOREIGN EXCHANGE RISK
Pages: 517-534 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04865.x | Cited by: 31
John H. Makin
ORDERING UNCERTAIN OPTIONS WITH BORROWING AND LENDING
Pages: 553-574 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04867.x | Cited by: 63
Haim Levy, Yoram Kroll
NONHOMOGENEOUS EXPECTATIONS AND INFORMATION IN THE CAPITAL ASSET MARKET
Pages: 575-587 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04868.x | Cited by: 6
Ramon Rabinovitch, Joel Owen
MARKET RISK ADJUSTMENT IN PROJECT VALUATION
Pages: 603-616 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04870.x | Cited by: 89
George M. Constantinides
THE PRICING OF OPTIONS WITH STOCHASTIC DIVIDEND YIELD
Pages: 617-625 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04871.x | Cited by: 39
Robert Geske
A formula is derived in discrete time for pricing options when the underlying stock has a stochastic dividend yield. The result implies that regarding the dividend yield as certain when it is not results in misestimation of the variance of the underlying stock. Comparative statics indicate that this adjustment could diminish a bias of the Black‐Scholes model. This model systematically underprices deep‐out‐of‐the‐money options. A numerical example demonstrates that this stochastic adjustment may be more important for longer‐lived options and warrants.
INTEREST RATE RISK AND SYSTEMATIC RISK: AN INTERPRETATION
Pages: 626-630 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04872.x | Cited by: 0
Albert R. Eddy
THE PREDICTABILITY OF REAL PORTFOLIO RISK LEVELS
Pages: 631-639 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04873.x | Cited by: 11
Robert C. Klemkosky, Terry S. Maness
VALUATION OF FINANCIAL LEASE CONTRACTS: A NOTE
Pages: 657-669 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04877.x | Cited by: 37
Julian R. Franks, Stewart D. Hodges
SYNERGISM IN MERGERS: SOME BRITISH RESULTS*
Pages: 670-672 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04878.x | Cited by: 7
Michael Firth
Pages: 673-689 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04879.x | Cited by: 0
Book reviewed in this article:
Pages: 691-692 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04880.x | Cited by: 0
Pages: 693-693 | Published: 5/1978 | DOI: 10.1111/j.1540-6261.1978.tb04881.x | Cited by: 0