Reviewing the CAPM
There is room for improvement with this popular asset-pricing model. The Capital Asset Pricing Model(CAPM)is the most well-known asset-pricing model. It was the first attempt to analyze the equilibrium implications of investing under conditions of uncertainty. It provided a platform for all the subsequent work in asset pricing. The model can be expressed as: E(Ri)- […]
- December 1, 2006 September 13, 2019
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