In Lecture 4 Part 2 we introduced the CAPM. We noted that this model is not a particularly good way for determining required or expected returns to any How do you think CAPM perform in a setting of a major financial/economic crisis, e.g. Covid19 peak during 2020 ? Should we include data on crises periods when calculating CAPM? Should we exclude such periods? Why or why not? Would your answer be different if instead of Covid19, the 2020 crisis was purely financial in nature? Explain your reasoning. In Lecture 4 Part 2 we introduced the CAPM. We noted that this model is not a particularly good way for determining required or expected returns to any How do you think CAPM perform in a setting of a major financial/economic crisis, e.g. Covid19 peak during 2020 ? Should we include data on crises periods when calculating CAPM? Should we exclude such periods? Why or why not? Would your answer be different if instead of Covid19, the 2020 crisis was purely financial in nature? Explain your reasoning