Given their new geometry of the parabola, how did Kolari, Liu, and Huang (KLH) (2021) define the
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Given their new geometry of the parabola, how did Kolari, Liu, and Huang (KLH) (2021) define the expected returns for the special case of orthogonal portfolios I∗ and ZI∗ on the parabola? Describe this new geometry for locating these portfolios. How does this geometry differ from the CAPM and market portfolio M.
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Answer Kolari Liu and Huang KLH 2021 introduced a novel approach to defining expected returns for orthogonal portfolios on the parabola using a new ge...View the full answer
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Jehal Shah
I believe everyone should try to be strong at logic and have good reading habit. Because If you possess these two skills, no matter what difficult situation is, you will definitely find a perfect solution out of it. While logical ability gives you to understand complex problems and concepts quite easily, reading habit gives you an open mind and holistic approach to see much bigger picture.
So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
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Related Book For
Investment Valuation And Asset Pricing Models And Methods
ISBN: 9783031167836
1st Edition
Authors: James W. Kolari, Seppo Pynnönen
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