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Once the CAPM was developed in the 1960s academics had a testable model that they went to work on. Outline each of the models below,
Once the CAPM was developed in the 1960s academics had a testable model that they went to work on. Outline each of the models below, discuss the empirical tests, methodologies and results from the following well-known asset pricing studies
Black, Jensen and Scholes (1972)
Fama and MacBeth (1973)
Fama and French (1992)
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