Why does the CAPM imply that investors should trade very rarely?

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Corporate Finance

ISBN: 9780134999463

5th Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Jun 01, 2022 04:53 AM

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Why does the CAPM imply that investors should trade very rarely?

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The CAPM model is based on the assumption that investors are rational a...View the full answer

Corporate Finance

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