Question: Capm can trace its development from the insight which shows that the process of otimizing the return/risk ratio will ensure that every investor invest in
Capm can trace its development from the insight which shows that the process of otimizing the return/risk ratio will ensure that every investor invest in a portfolio of risk free asset and the risky market portfolio (also known as the tow fund separation theorem) Explain and illustrate with a graph why would every tradable asset in the market be included in this market portfolio?
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