Lec 1
The Investment Setting
为了弥补50%的退步，我们往往需要付出100%的努力---股票市场启示录
The Investment Setting
a) explain the concept of required rate of return and discuss the components of it.b) differentiate between the real and the nominal risk-free rate of return c) explain the risk premium and the associated fundamental sources of risk;d) define the security market line and discuss the factors that cause movements along, changes in the slope of, and shifts of the security market line.
Why Do Individuals Inves ...