Question
[4.] Consider the two (excess return) index-model regression results for stocks A and B . The risk-free rate over the period was 5%, and the
[4.]
Consider the two (excess return) index-model regression results for stocksAandB. The risk-free rate over the period was 5%, and the market's average return was 13%. Performance is measured using an index model regression on excess returns.
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
