Question: 4. (Quick CAPM derivation) Derive the CAPM formula for ik-rf by using Equation (6.9) in Chapter 6. (Hint: Note that n ikwi = cov(rk,m). Apply

 4. (Quick CAPM derivation) Derive the CAPM formula for ik-rf by

4. (Quick CAPM derivation) Derive the CAPM formula for ik-rf by using Equation (6.9) in Chapter 6. (Hint: Note that n ikwi = cov(rk,"m). Apply equation (6.9) both to asset k and to the market itself.]

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