20. Outline how you would incorporate the following into the CCAPM: a. Liquidity b. Nontraded assets (Do

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20. Outline how you would incorporate the following into the CCAPM:

a. Liquidity

b. Nontraded assets (Do you have to worry about labor income?)

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Investments

ISBN: 9780077261450

8th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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