19. Why are investor expectations about future factor values more relevant to security returns than are the

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19. Why are investor expectations about future factor values more relevant to security returns than are the historical value of the factors?

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Investments

ISBN: 9788120321014

6th Edition

Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey

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Question Posted: Jul 25, 2024 06:05 AM

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18. Compare and contrast the three approaches to estimating factor models.
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19. Why are investor expectations about future factor values more relevant to security returns than are the

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Investments

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