6.2. What is the minimum number of factors needed to explain the expected returns of a group...
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6.2. What is the minimum number of factors needed to explain the expected returns of a group of 10 securities if the securities returns have no firmspecific risk? Why?
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Financial Markets And Corporate Strategy
ISBN: 9780071157612
2nd Edition
Authors: Mark Grinblatt, Sheridan Titman
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