All ebooks by Jianhua Z. Huang in PDF and EPUB
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All ebooks by Jianhua Z. Huang in PDF and EPUB


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Download this eBook A New Model of Capital Asset Prices
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A New Model of Capital Asset Prices


Jianhua Z. Huang , James W. Kolari , Wei Liu


This book proposes a new capital asset pricing model dubbed the ZCAPM that outperforms other popular models in empirical tests using US stock returns. The ZCAPM is derived from Fischer Black’s well-known zero-beta CAPM, itself a more general form of the...

Publication date: 2021-03-01
Format: PDF, ePub
Publisher: Palgrave Macmillan
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£49,99

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