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A. According to the Capital Asset Pricing Model (CAPM), the expected return on a risky asset depends on THREE (3) components. Describe cach component, and
A. According to the Capital Asset Pricing Model (CAPM), the expected return on a risky asset depends on THREE (3) components. Describe cach component, and explain its role in determining expected return. (6 marks)
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Investment Science
Authors: David G. Luenberger
2nd Edition
0199740089, 978-0199740086
