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- W2350873562 abstract "This paper reviews the development of pricing theory,and summarizes the present new improvement in western asset pricing——random discounted cash factors.In certain hypotheses,according to the basic theory of random discounted cash factors,the traditional CAPM model is deducted.It is discovered that estimating for random discounted cash factors can uniform different forms of asset pricing models in the same theory frame,in favor of solving theory problems,and understanding the distinctness among kinds of pricing theories.At the same time,people can discover the space between theory model and practice,and the influence to the theory model conclusion warp." @default.
- W2350873562 created "2016-06-24" @default.
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- W2350873562 date "2007-01-01" @default.
- W2350873562 modified "2023-09-23" @default.
- W2350873562 title "The application of random discounted factors in asset pricing" @default.
- W2350873562 hasPublicationYear "2007" @default.
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