It takes the average reader and 32 minutes to read Time Varying Risk Premia in Futures Markets by Mr.Manmohan S. Kumar
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This paper undertakes an econometric investigation into the presence of risk premium in commodity futures markets. The statistical tests are derived from a formal model of asset pricing and are applied to futures prices in a variety of commodity markets. The results suggest that for several commodities there is evidence of a time varying risk premium, particularly in futures contracts maturing six months ahead. The implications of the study for the efficiency of the futures markets and the costs of using these markets for hedging are also noted.
Time Varying Risk Premia in Futures Markets by Mr.Manmohan S. Kumar is 32 pages long, and a total of 8,064 words.
This makes it 11% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Time Varying Risk Premia in Futures Markets aloud.
Time Varying Risk Premia in Futures Markets is suitable for students ages 8 and up.
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