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Empirical research finds which of the following factors is positively correlated with the liquidity discount of the restricted stocks? a. Issuer size b. Issuer profitability c. Issuer’s cash holding...

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Empirical research finds which of the following factors is positively correlated with the liquidity discount of the restricted stocks? a. Issuer size b. Issuer profitability c. Issuer’s cash holding level d. The restricted stocks’ vesting period (the time period when you cannot trade the stock)
Answered 265 days After Dec 30, 2021

Solution

Komalavalli answered on Sep 21 2022
67 Votes
Q1)
Empirical research finds d. The restricted stocks’ vesting period (the time period when you cannot trade the stock) actors is positively co
elated with the liquidity discount of the restricted stock
Q1)

Empirical research finds

d.

The restricted stocks’ vesting period (the time...
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