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Short-term papers are financial instruments that typically have original maturities of less than nine months short-term paper is typically issued at a discount and provides a low-risk investment alternative. Financial markets and the real economy john h cochrane ∗this is a substantially reworked version of two papers that appeard under the same title, cochrane (2005b, 2006a) the ﬁrst term is the risk-neutral present value. How to write a finance paper financial papers and dissertations are no longer simply about calculating your formulas they now must demonstrate extraordinary writing skills with a well-structured foundation including thorough research.
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