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I did not understand the concept of beta, how market return is calculated in capital asset pricing model and why risk premium is multipiled by
I did not understand the concept of beta, how market return is calculated in capital asset pricing model and why risk premium is multipiled by Beta.
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Financial Markets and Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
5th edition
321280299, 321280296, 978-0321280299
