Variations of the CAPM Explain what is meant by the CCAPM, HCAPM and X-CAPM. Why do you
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Variations of the CAPM Explain what is meant by the CCAPM, HCAPM and X-CAPM. Why do you think these models are not popular with practitioners? Give an overview of the empirical evidence concerning these models and their performance relative to the CAPM.
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