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Cho mình hỏi "is to duplicate the effects" trong đoạn "However, their conclusion was based on unrealistic assumption of perfect financial market conditions. For example, they assumed that there is no transaction costs and existence of the perfect market. Bailey (2010) demonstrated when capital market is perfect using MMtheorem. That is, if an investor IS TO DUPLICATE THE EFFECTS of economic behaviour taken by corporation, they must be able to borrow or lend on the same conditions... Xem thêm.
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0 · 28/06/16 09:49:25
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1 · 28/06/16 09:49:57
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