Question: In the CAPM is there any way to identify the investors who are more risk averse? Explain. How would your answer change if there were

In the CAPM is there any way to identify the investors who are more risk averse? Explain. How would your answer change if there were not a riskless asset?

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Yes Given a riskless asset twofund separation obtains and if you can observe any one of the ... View full answer

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