Question
During periods of crisis, such as the one experienced for the COVID-19, it is not uncommon that the realized return on equities is lower than
During periods of crisis, such as the one experienced for the COVID-19, it is not uncommon that the realized return on equities is lower than the one observed on bonds. Does this question the validity of the CAPM?
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
9th Edition
73530700, 978-0073530703
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