Implications of the Discreteness of Observed Stock Prices

• 1 March 1985
• journal article
• Published by JSTOR in The Journal of Finance
• Vol. 40  (1) , 135-153
• https://doi.org/10.2307/2328052

Abstract

Keywords

• DISCRETENESS OF OBSERVED
• OBSERVED STOCK PRICES
• CORRECTION FACTORS
• NATURAL ESTIMATORS
• HAND
• ORGANIZED EXCHANGES