Question
All of the following questions remain to be answered in the real world EXCEPT a.What is the stability of beta for individual stocks? b.How good
All of the following questions remain to be answered in the real world EXCEPT
a.What is the stability of beta for individual stocks?
b.How good is the capital asset model as a predictor?
c.What happens when you cannot borrow or lend at the risk-free rate?
d.What is a perfect proxy for the market portfolio?
e.What is the beta of the market portfolio according to CAPM?
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