Question: According to the CAPM, the expected return on a risky asset depends on three components. Provide a description of CAPM, then describe each component, and

According to the CAPM, the expected return on a risky asset depends on three components. Provide a description of CAPM, then describe each component, and explain its role in determining expected return. Your answer should be provided in a word document, using business style writing and well-structured sentences and paragraphs. Include references if applicable.

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