Why put a random error term in the market model? How would you estimate the market model
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Why put a random error term in the market model? How would you estimate the market model with regression analysis?
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Reasons for Including a Random Error Term in the Market Model The market model which regresses an assets return against the return of the market portfolio includes a random error term often denoted by ...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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