Question: While the capital asset pricing model ( CAPM ) has been widely used to analyse securities and manage portfolios for the past 5 0 years,
While the capital asset pricing model CAPM has been widely used to analyse securities and manage portfolios for the past years, it has also been widely criticized as providing too simple a view of risk. Describe SIX problems in relation to the definition and estimation of the beta measure in the CAPM that would support this criticism. please give explaination and example for each problem.
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