In finance, we are often interested in how the return of one stock is related to some
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In finance, we are often interested in how the return of one stock is related to some market index such as the NYSE. The model we usually estimate to understand this relationship is known as the market model and is given by the equation
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Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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