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Empirical tests of CAPM. 5. Empirical tests of the CAPM a. When empirically testing an asset pricing model such as the CAPM, what is meant

Empirical tests of CAPM. 5. Empirical tests of the CAPM a. When empirically testing an asset pricing model such as the CAPM, what is meant when it is said that such an analysis is a "dual test&qu...

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