Assuming a riskless asset exists, write the equation for the theoretical ZCAPM. What do beta risk and
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Assuming a riskless asset exists, write the equation for the theoretical ZCAPM. What do beta risk and zeta risk measure in this model? Does the ZCAPM have an empirical advantage in terms of testing over other forms of the CAPM?
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Answer The Zero Beta Capital Asset Pricing Model ZCAPM is an extension of the traditional Capital As...View the full answer
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Related Book For
Investment Valuation And Asset Pricing Models And Methods
ISBN: 9783031167836
1st Edition
Authors: James W. Kolari, Seppo Pynnönen
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