Analyzing the Unknown Factors in the APT Model: International Evidence
碩士 === 國立中央大學 === 財務金融研究所 === 94 === Arbitrage pricing theory (APT) implies that the expected return is approximately a linear function of the risk premiums in the economy. However, the optimal number of factors and essence of them are left as an open question. Our study examines the factors that ex...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2006
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| Online Access: | http://ndltd.ncl.edu.tw/handle/04250801857568549266 |