What are the implications of the empirical SML being too flat compared to the predictions of the

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What are the implications of the empirical SML being “too flat” compared to the predictions of the CAPM?

Specifically, how will average returns on high- versus low-beta stocks compare to the predictions of the SML? pl856

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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Question Posted: Jul 31, 2024 03:01 AM

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What are the implications of the empirical SML being too flat compared to the predictions of the

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ISE Investments

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