Here are alphas and betas for Est?e Lauder and Caterpillar Tractor for the 60 months ending June

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Here are alphas and betas for Est?e Lauder and Caterpillar Tractor for the 60 months ending June 2017. Alpha is expressed as a percent per month.

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Explain how these estimates would be used to calculate an abnormal return.

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Principles of Corporate Finance

ISBN: 978-1260013900

13th edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen

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