Question
The Black-Litterman model uses as inputs A. the weighted average of the individual asset's betas relative to the beta of the benchmark B. the consensus
The Black-Litterman model uses as inputs
A. the weighted average of the individual asset's betas relative to the beta of the benchmark
B. the consensus of analysts' opinions about each individual asset's intrinsic value
C. each asset's market cap dividend by the benchmark's total market cap
D. the required return on each individual asset necessary to maintain market equilibrium
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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