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Historic trends in stock prices

  • W. D. Fraser
Chapter

Abstract

In order to supplement our theory of investment pricing and to provide some general understanding of the relationship between national economic conditions and the general level of investment prices and yields, we shall briefly examine significant trends in stock prices in the post-war period. But first, a review of our pricing theory.

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Copyright information

© W. D. Fraser 1984

Authors and Affiliations

  • W. D. Fraser
    • 1
  1. 1.The City UniversityLondonUK

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