Question
-If the CAPM holds, then the expected rate of return on an asset with a beta of 1 and an alpha pf zero, is a.
-If the CAPM holds, then the expected rate of return on an asset with a beta of 1 and an alpha pf zero, is
a. lower than the expected return on the market
b. between the expected return on the market and the risk free
c. equal to the expected return on the market
d. higher than the expected return on the market
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National Finance A Chinese Perspective
Authors: Yunxian Chen, Heming Yong
1st Edition
9813360917, 978-9813360914
