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Keywords: Arbitrage
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Journal Articles
Journal of Property Valuation and Investment (1997) 15 (2): 171–182.
Published: 01 May 1997
.... Applies an arbitrage method based on market pricing which enables consistent valuations of different investment opportunities to be compared in a rigorous yet consistent approach. In this way the value of the upwards‐only option can be assessed. Uses the arbitrage approach to value the difference between...
