Implied transaction costs by leland option pricing models: A new approach and empirical evidence
Estimation of transaction costs in stock market is an important issue for stock trading, asset pricing, andstock market regulation etc. and it is often done by combining the bid-ask spread estimate with commissions and other fees provided by market participants which can be subjective. This study ai...
| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2011
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/11565/ http://irep.iium.edu.my/11565/1/Darwin_conference_2011_mimi.pdf |