Investment Horizons & Prices
The author presents an asset pricing model that shows long-term investors hedge against reinvestment risk, leading to significant positive returns for portfolios exposed to this risk.
Featured in No. 56 on 10 Jul 2024 ·
- Released
- 27 Apr 2022
- First featured
- No. 56 · 10 Jul 2024
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 2
- Identifier
- SSRN 4889137
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).