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Please provide as much details as possible 12) The CAPM has been a theoretically sound model. Discuss the empirical performance of CAPM with real world

Please provide as much details as possible

12) The CAPM has been a theoretically sound model. Discuss the empirical performance of CAPM with real world data as in the works by Fama and French (and others). Ensure to also explain the main reasons for such a performance.

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