Read the article, $$Does the Capital Asset Pricing Model Work?$$ from the Harvard Business Coursepack. Develop a $4-6-$page paper $($this is a minimum only and it does not include title or reference pages$).$ It must conform to APA standards and address the questions below. Also, supplement this article review with additional research from at least two other sources on the general topic adding perspective to the author$$s viewpoint.

When drafting your written assignment, you must use the template below. In your review of this article, answer all elements of the following questions. These questions will be addressed in section $2$ of the template below. Base your answers on the information in the case and other research as deemed necessary. $($Each of the questions will be equally weighted at $16\%$ per question comprising $80\%$ of your score.$)$

Define unsystematic and systematic risk. Provide a real$-$world example of each based on finance news headlines. Which of these risks are applicable to the CAPM and why? How is it conveyed in the CAPM?

Describe how the Security Market Line illustrates the relationship between expected return and beta. What does it mean if a security plots above the line? Below?

How do differing levels of inflation affect the resulting expected return of the CAPM? Provide a hypothetical example to illustrate your points.

What role does the cost of equity from the CAPM play in the result of the Discounted Cash Flow $($DCF$)$ model for dividends $($i$.$e$.,$ Dividend Discount Model$)?$ In other words, how would a higher$/$lower expected return on equity affect the resulting stock price of the Dividend Discount Model?

What do empirical tests tell us about the efficacy of the CAPM in predicting returns? What are the author$$s conclusions about the usefulness of the CAPM?