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1. Characteristics of a Good Market Availability of past transaction information must be timely and accurate Liquidity marketability price continuity depth Low Transaction…

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1. Lecture Presentation Software to accompany Investment Analysis andPortfolio Management Seventh Edition byFrank K. Reilly & Keith C. Brown Chapter 4 2. Chapter 4 Organization…

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NBER WORKING PAPER SERIES RELATIONSHIP BANKING AND THE PRICING OF FINANCIAL SERVICES Charles Calomiris Thanavut Pornrojnangkool Working Paper 12622 http://www.nber.org/papers/w12622…

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Relationship Banking and the Pricing of Financial Services Charles W. Calomiris and Thanavut Pornrojnangkool* This Version: November 2005 DRAFT: DO NOT QUOTE WITHOUT PERMISSION…