What did Fama and MacBeth (1973) find in their cross-sectional tests of the CAPM?
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What did Fama and MacBeth (1973) find in their cross-sectional tests of the CAPM?
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Fama and MacBeth 1973 conducted a seminal study in the field of finance where they tested the Capita...View the full answer
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Related Book For
Investment Valuation And Asset Pricing Models And Methods
ISBN: 9783031167836
1st Edition
Authors: James W. Kolari, Seppo Pynnönen
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