Unformatted text preview: t+1 ) …. Number of Shares Share Price t = ∑ (Profits t+n /(1+i) n ) Number of Shares i= interest rates Interest rates up, stock prices and the value of bonds fall and vice versa Bond prices are inversely related to interest rates. Fisher- CPI...
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This note was uploaded on 04/16/2008 for the course EC 102 taught by Professor Zagorsky during the Spring '08 term at BU.
- Spring '08