The interest rate as a stochastic variable – possible answer to financial markets volatility

This paper presents the interest rate in terms of consistent market, i.e. function of interest is defined as a continuous function which further allows to view the interest rate as a stochastic variable. In this context Stoodley`s formula is presented as a possibility of adequate evaluation of capi...

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Bibliographic Details
Main Author: Бојан Башкот
Format: Article
Language:English
Published: University of Banja Luka, Faculty of Economics 2012-02-01
Series:Acta Economica
Subjects:
Online Access:http://ae.ef.unibl.org/index.php/AE/article/view/147