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Explain in a few lines why diversifiable risk cannot be remunerated on markets in equilibrium.
Explain in a few lines why diversifiable risk cannot be remunerated on markets in equilibrium.
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Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
