Use the dynamics (20.25) of Y and the definition (20.30) of X to verify the formula (20.35)

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Use the dynamics (20.25) of Y and the definition (20.30) of X to verify the formula (20.35) for the risk of a stock return in the model of perfect competition in Section 20.5.

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Asset Pricing And Portfolio Choice Theory

ISBN: 9780190241148

2nd Edition

Authors: Kerry E. Back

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Question Posted: Jul 24, 2024 10:02 AM

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Use the dynamics (20.25) of Y and the definition (20.30) of X to verify the formula (20.35)

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Asset Pricing And Portfolio Choice Theory

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