Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
9Activity
0 of .
Results for:
No results containing your search query
P. 1
Chapter 10 - Extensions and Testing of Asset Pricing Theories

Chapter 10 - Extensions and Testing of Asset Pricing Theories

Ratings:

4.5

(2)
|Views: 677 |Likes:
Published by SaifUllah271
Investment Analysis and Portfolio Management By Reilly and Brown

Chapter No. 10
Extensions and Testing of Asset Pricing Theories
Investment Analysis and Portfolio Management By Reilly and Brown

Chapter No. 10
Extensions and Testing of Asset Pricing Theories

More info:

Published by: SaifUllah271 on Feb 10, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

12/23/2012

pdf

text

original

 
Lecture Presentation Software
 
to accompany
Investment Analysis and Portfolio Management 
Sixth Editionby
Frank K. Reilly & Keith C. Brown
Chapter 10
 
SAIF ULLAH, Saifullah271@yahoo.com, +923216633271
Chapter 10 - Extensions andTesting of Asset Pricing Theories
Questions to be answered:
What happens to the capital market line (CML)when you assume there are differences in therisk-free borrowing and lending rates?
What is a zero-beta asset and how does its useimpact the CML?
What happens to the security market line (SML)when you assume transaction costs,heterogeneous expectations, different planningperiods, and taxes?
 
SAIF ULLAH, Saifullah271@yahoo.com, +923216633271
Chapter 10 - Extensions andTesting of Asset Pricing Theories
What are the major questions considered whenempirically testing the CAPM?
What are the empirical results from tests thatexamine the stability of beta?
How do alternative published estimates of betacompare?
What are the empirical test results of studiesthat examine the relationship between systematicrisk and return?

Activity (9)

You've already reviewed this. Edit your review.
1 hundred reads
1 thousand reads
Nga Pham liked this
Raunaq Kulkarni liked this
kannans110 liked this
stephenmba13 liked this
abdollah vaezi liked this

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->