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What are the main differences between the Intertemporal Capital Pricing Asset Model (ICAPM) and the classical Capital Pricing Asset Model (CAPM)? Mainly looking for mathematical
What are the main differences between the Intertemporal Capital Pricing Asset Model (ICAPM) and the classical Capital Pricing Asset Model (CAPM)?
Mainly looking for mathematical differences (i.e., differences in the equations) and differences in the assumptions.
Also any sources/references would be great
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