Impossible Frontiers
A key result of the capital asset pricing model (CAPM) is that the market portfolio-the portfolio of all assets in which each asset's weight is proportional to its total market capitalization-lies on the mean-variance-efficient frontier, the set of portfolios having mean-variance characteristic...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Institute for Operations Research and the Management Sciences,
2011-10-20T15:54:40Z.
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| Subjects: | |
| Online Access: | Get fulltext |
