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In the single index model, an asset will require higher excess return to compensate for higher systematic (market) risk, but not for higher idiosyncratic (firm-specific)
In the single index model, an asset will require higher excess return to compensate for higher systematic (market) risk, but not for higher idiosyncratic (firm-specific) risk. Why? Explain.
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Essentials Of Accounting For Governmental And Not-for-Profit Organizations
Authors: Paul A Copley
11th Edition
0078025451, 9780078025457
