Skip to content
RDP 1999-09: Australian Banking Risk: The Stock Market's Assessment and the Relationship Between Capital and Asset Volatility
Equation (13)
φ
=
Δ
1
−
k
+
(
r
f
−
r
d
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqOXdOMaey ypa0ZaaSaaaeaacqqHuoaraeaacaaIXaGaeyOeI0Iaam4AaaaacqGH RaWkdaqadaqaaiaadkhadaWgaaWcbaGaamOzaaqabaGccqGHsislca WGYbWaaSbaaSqaaiaadsgaaeqaaaGccaGLOaGaayzkaaaaaa@444D@