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2006-05-01
英文文献:Stocks, Bonds, Bills, And Farm Assets: A Portfolio Analysis
英文文献作者:Moss, Charles B.,Featherstone, Allen M.,Baker, Timothy G.
英文文献摘要:
This paper uses a portfolio model to investigate the desirability of agricultural assets in a portfolio including nonfarm investments. The results indicate that agricultural assets are a part of a risk efficient portfolio. One implication of the results is that nonfarm investors may be attracted to the risk return characteristics of farm assets.
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