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French 1993 - PowerPoint PPT Presentation

LECTURE 9 : EMPRICIAL EVIDENCE : CAPM AND APT

LECTURE 9 : EMPRICIAL EVIDENCE : CAPM AND APT. (Asset Pricing and Portfolio Theory). Contents. How can the CAPM be tested by using time series approach by using cross sectional approach Fama and MacBeth (1973) approach. CAPM : Time Series Tests.

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French 1993 - PowerPoint PPT Presentation

LECTURE 9 : EMPRICIAL EVIDENCE : CAPM AND APT