Question: please answer asap (d) Explain what (i) the market risk premium and (ii) the risk-free rate of return in the CAPM represent. (4 marks) (e)

 please answer asap (d) Explain what (i) the market risk premium

please answer asap

(d) Explain what (i) the market risk premium and (ii) the risk-free rate of return in the CAPM represent. (4 marks) (e) Explain why it is difficult to empirically test the CAPM. (7 marks)

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