How Long to Read Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants

How Long Does it Take to Read Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants?

It takes the average reader and 40 minutes to read Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants by Marcos Chamon

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper examines the Argentine experience with GDP-indexed warrants in order to gauge the existence of a novelty premium on new financial instruments. It develops a Monte Carlo pricing exercise to calculate the expected net present value of payments, on the basis of various forecast assumptions. The results show that the residual premium paid by these warrants over standard bonds declined significantly by about 600 basis points between December 2005 and July 2007. This suggests that financial innovation may be associated with premia, which decay reasonably fast.

How long is Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants?

Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants by Marcos Chamon is 40 pages long, and a total of 10,000 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants aloud.

What Reading Level is Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants?

Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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Is There a Novelty Premium on New Financial Instruments? The Argentine Experience with GDP-Indexed Warrants by Marcos Chamon is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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