Get Free Shipping on orders over $89
Innovations in Financial Markets and Institutions : Issues and Answers - Seth C. Anderson

Innovations in Financial Markets and Institutions

Issues and Answers

By: Seth C. Anderson, G. V. R. Born, Gustav V. R. Born

Hardcover | 31 March 1992

At a Glance

Hardcover


$169.00

or 4 interest-free payments of $42.25 with

 or 

Ships in 5 to 7 business days

Closed-End Investment Companies (CEICs) were the dominant form of investment companies in the United States during the early part of this century, but interest in them declined after the 1929 stock market crash. Since 1985, however, there has been a significant revival of interest in CEICs.
A substantial amount of academic research has focused on the nature of closed-end funds, discounts and premiums, and on the share price behavior of these firms, which often results in the prices differing from the net asset value of the shares.
This book is designed for the academic researcher interested in CEICs and the practitioner interested in using CEICs as an investment vehicle. The authors summarize the evolution of CEICs, present the factors that cause CEIC shares to trade at different levels from their net asset values, provide a complete survey of the academic literature on this topic, and summarize the current state of research on CEICs.

More in Finance

The Trading Game : A Confession - Gary Stevenson

RRP $26.99

$22.99

15%
OFF
The Art of Spending Money : Simple Choices for a Richer Life - Morgan Housel
The Intelligent Investor Third Edition - Benjamin Graham

RRP $38.99

$31.75

19%
OFF
Technofeudalism : What Killed Capitalism - Yanis Varoufakis

RRP $26.99

$22.99

15%
OFF
Green Gold : How Sustainability Creates Deal Value - Michel Driessen
Invest Your Way : How to Grow Your Wealth on Your Terms - Mark LaMonica

SIGNED COPY

Australian Taxation : 3rd Edition - John Bevacqua

RRP $131.95

$115.75

12%
OFF
Small Business Taxes For Dummies - Eric Tyson

RRP $49.95

$38.75

22%
OFF
Making Money, Made Simple - Noel Whittaker

RRP $34.99

$28.75

18%
OFF
The Simple Path to Wealth (Revised & Expanded Edition) - JL Collins