CHAPTER 9
资本资产定价模型
It is the equilibrium model that underlies all modern financial theory  它是一种均衡模型,是现代金融理论的基石Derived using principles of diversification with simplified assumptions  它通过使用分散化和简化假设而来Markowitz, Sharpe, Lintner and Mossin are researchers credited with its development 此模型由马科维茨,夏普,林特纳和莫森研究
Capital Asset Pricing Model (CAPM)
资本资产定价模型
Individual investors are price takers  个人投资者是价格接受者Single-period investment horizon  投资持有期都相同：单期投资Investments are limited to traded financial assets  投资范 ...