标题: why EOC is vital [打印本页]

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作者: RoastBeef    时间: 2011-7-11 19:21     标题: why EOC is vital

(v6 Reading 44 EOC # 5. c. solution)

Thie EOC shows that MTOC ignores market impact of the closing transaction (it is a hypothetical transaction that can be assumed to happen anytime).

This is a subtle concept that I don't think the main text covered, right?

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