The Capital Asset Pricing Model
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Image source: Open LibraryRobert Alan Hill1 editions
This book evaluates the development of Modern Portfolio Theory (MPT) based on the Sharpe CAPM and Ross four-factor APT, underpinned by Modigliani and Miller’s “law of one price”. Today anybody with appropriate software and a reasonable financial education can model risky investment portfolios. You can download the book via the link below.
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1 credited authorSearch language english
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- Open Author
Robert Alan Hill
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