Question: lfinance CAPM versus Consumption CAPM: a. Contrast the two models in words. 27 b. Explain why, in principle, the consumption CAPM is more satisfactory. c.

lfinance CAPM versus Consumption CAPM: a. Contrast the two models in words. 27 b. Explain why, in principle, the consumption CAPM is more satisfactory. c. Can you think of circumstances where the tw...

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