Scale or Yield? A Present-Value Identity

Academic journals

Publication Date
The Review of Financial Studies
Publication Authors
Thummim Cho
Lukas Kremens
Dongryeol Lee
Christopher Polk

Thummim Cho, Lukas Kremens, Dongryeol Lee, Christopher Polk (2024). Scale or Yield? A Present-Value Identity. The Review of Financial Studies, 37(3), 950–988.

doi: 10.1093/rfs/hhad068