Explain that in a CAPM framework, the projection price of a new asset is a universal zero-level

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Explain that in a CAPM framework, the projection price of a new asset is a universal zero-level price for all mean-variance investors.

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Investment Science

ISBN: 9780199740086

2nd Edition

Authors: David G. Luenberger

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Question Posted: Apr 20, 2024 12:00 PM

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Explain that in a CAPM framework, the projection price of a new asset is a universal zero-level

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Investment Science

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