Question: When I use the CAPM model to calculate the expected return of the assets for a 3-year period (2018 to 2020). And I know every
When I use the CAPM model to calculate the expected return of the assets for a 3-year period (2018 to 2020). And I know every months risk-free rate and market return; how can I get the risk-free rate and market return of the whole 3 year period? To add them up or calculate the average or select a median?
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