(a)
(b)
(c)
(d)
Figure 6.6: rf=0.05/250, D=50/250, a=4, µ=0.18, γ=1.25, λ=0.0007, v=0.99, η=0.25, β=250, mfund=mma=0.01, Cfund=0.0001, Cma=0. (a) Price plot. Dotted line is the fundamental value; (b) Return plot. Dotted line is the risk-free interest rate; (c) Fraction of fundamental traders; (d) Trading volume.
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