Exam (elaborations)
CAIA Chapter 8 Exam Questions and Answers (Graded A+)
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- Institution
In CAPM model how is beta specified? - ANSWER-Beta is specified as the covariance of the asset's return with the return of the market portfolio, divided by the variance of the returns of the market portfolio What is the general interpretation outside the CAPM? - ANSWER-Beta refers to the a measu...
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