Explain why an alpha measure based on the domestic CAPM model is inappropriate for assessing the stock
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Explain why an alpha measure based on the domestic CAPM model is inappropriate for assessing the stock selection ability of a global mutual fund manager. Indicate in which situations an alpha measure based on the world CAPM can give accurate estimates.
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An alpha measure based on the domestic Capital Asset Pricing Model CAPM may not be appropriate for assessing the stock selection ability of a global mutual fund manager for several reasons Global Expo...View the full answer
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Related Book For
Mutual Funds And Exchange Traded Funds Building Blocks To Wealth
ISBN: 9780190207434
1st Edition
Authors: H. Kent Baker, Greg Filbeck, Halil Kiymaz
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