The Arbitrage Model of Security Returns: An Empirical Evaluation by Bradford Jordan

The Arbitrage Model of Security Returns: An Empirical Evaluation

Bradford Jordan

154 pages missing pub info (editions)

nonfiction business economics
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Abstract: Over the last two decades, the Capital Asset Pricing Model (CAPM) has emerged as the dominant theoretical basis for much of the research in financial economics. Because direct observation of the market portfolio is a pre-requisite for an...

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