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14 Feb, 2018

The Art and/or Science of Price Discovery

By |2018-02-14T21:57:07+11:00Feb 14, 2018|Case Study, Education|

One of the fundamental functions of capital markets is to determine an appropriate pricing of risk – the process of finding that magical equilibrium where the capital surplus suppliers and the capital deficit demand side are mutually agreeable, representing the fair cost of capital, given all the available information. That is the theory anyway. In practice, determining an appropriate price [...]