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An investor wants to know how sudden capital returns on the market portfolio may affect their assets. Which of the following measures is most useful?
An investor wants to know how sudden capital returns on the market portfolio may affect their assets. Which of the following measures is most useful? (a) CAPM beta. (b) Macaulay duration. (c) Black-scholes option delta (N(d1)). (d) Asset-to-equity ratio
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Lessons In Corporate Finance
Authors: Paul Asquith, Lawrence A. Weiss
2nd Edition
1119537835, 978-1119537830
