Show that = E[(m(X) - X'p)] B = argmind (b) = (E[XX']) E[Xm(X)] = [E[XX'])E[XY]. berk Hint:
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= E[(m(X) - X'p)²] B = argmind (b) = (E[XX']) ¹E[Xm(X)] = [E[XX'])¹E[XY]. berk Hint: To show E[Xm(X)] = E[XY] use the law of iterated expectations. then = E[(m(X) - X'p)²] B = argmind (b) = (E[XX']) ¹E[Xm(X)] = [E[XX'])¹E[XY]. berk Hint: To show E[Xm(X)] = E[XY] use the law of iterated expectations. then
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Financial management theory and practice
ISBN: 978-0324422696
12th Edition
Authors: Eugene F. Brigham and Michael C. Ehrhardt
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