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Why we can make money more than the risk-premium under the CAPM from this strategy (zero-cost HML portfolio), given the value effect?
Why we can make money more than the risk-premium under the CAPM from this strategy (zero-cost HML portfolio), given the value effect?
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Problems In Portfolio Theory And The Fundamentals Of Financial Decision Making
Authors: Leonard C Maclean, William T Ziemba
1st Edition
9814749931, 978-9814749930
