Black (1972) developed the zero-beta CAPM due to some unrealistic assumptions of the CAPM. What assumptions did

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Black (1972) developed the zero-beta CAPM due to some unrealistic assumptions of the CAPM. What assumptions did he relax?

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Investment Valuation And Asset Pricing Models And Methods

ISBN: 9783031167836

1st Edition

Authors: James W. Kolari, Seppo Pynnönen

Question Posted: Mar 03, 2024 02:00 AM

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Black (1972) developed the zero-beta CAPM due to some unrealistic assumptions of the CAPM. What assumptions did

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Black 1972 developed the zerobeta CAPM as an extension of the traditional Capital Asset Pricing Mode...View the full answer

Investment Valuation And Asset Pricing Models And Methods

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