21. (Appendix Question) The empirical regularities cited in this chapter have potentially troubling implications for the capital

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21. (Appendix Question) The empirical regularities cited in this chapter have potentially troubling implications for the capital asset pricing model and the concept of highly efficient markets. Discuss some of these implications.

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Investments

ISBN: 9788120321014

6th Edition

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

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