What are the differences between the relative returns graph, where betas are made, and the SML graph,
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What are the differences between the relative returns graph, where “betas are made,” and the SML graph, where “betas are used”? Discuss how the graphs are constructed and the information they convey.
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Related Book For
Intermediate Financial Management
ISBN: 9781337395083
13th Edition
Authors: Eugene F. Brigham, Phillip R. Daves
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