Illustrates example of Brownian motion
Illustrates example of Brownian motion?
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Pollen in water, smoke in a room, pollution in a river, are all illustrations of Brownian motion. And for stock prices it is the common model as well.
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Why might it be easier for an investor wishing to diversify his portfolio internationally to purchase depository receipts instead of the actual shares of the company?A depository receipt can be purchased on the investor's domestic exchange. It
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