An empirical investigation into the validity of the security market line
The well-known CAPM (capital asset pricing model) model in finance states that return is a function of risk. The more risky a stock is, the higher the return is expected to be. One way of modeling this relationship between stock return and stock risk is with the Security Market Line. The Security Ma...
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| Format: | Others |
| Language: | English |
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2010
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| Online Access: | http://hdl.handle.net/2152/ETD-UT-2010-05-1088 |