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When we select a measure of portfolio performance, why do we want this measure to be insensitive to the risk of the investment? What does
- When we select a measure of portfolio performance, why do we want this measure to be insensitive to the risk of the investment?
- What does it mean to say that the market portfolio is efficient? What approach has studys like Black, Jensen, and Scholes taken to test whether the market portfolio is efficient?
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The VAR Implementation Handbook
Authors: Greg Gregoriou
1st Edition
007161513X, 978-0071615136
