b********6
发帖数: 295 | 1 whether it is true, false, or ambiguous, and explain your reasoning.
(a) The APT has no testable implications.
(b) A low R-square in first-pass regressions implies that the model
should rejected.
(c) In the Amihud and Mendelson (1986) model, investors hold identical
portfolios of the risky assets just as in the CAPM.
(d) The CAPM is a special case of the Merton Model. | x********4
发帖数: 405 | 2 作业最好还是自己做吧。。。
【在 b********6 的大作中提到】
: whether it is true, false, or ambiguous, and explain your reasoning.
: (a) The APT has no testable implications.
: (b) A low R-square in first-pass regressions implies that the model
: should rejected.
: (c) In the Amihud and Mendelson (1986) model, investors hold identical
: portfolios of the risky assets just as in the CAPM.
: (d) The CAPM is a special case of the Merton Model.
| b********6
发帖数: 295 | |
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