The APT (Ross, 1976), the three factor model (FF3, Fama& French, 1992), the four factor model (Cahart, 1995) and the C-CAPM (1973), are special case of the classic CAPM (Sharpe, 1964; Lintner, 1965; Mossin, 1966). Critically evaluate this statement. Your evaluation should involve derivation of these models.

The APT (Ross, 1976), the three factor model (FF3, Fama& French, 1992), the four factor model (Cahart, 1995) and the C-CAPM (1973), are special case of the classic CAPM (Sharpe, 1964; Lintner, 1965; Mossin, 1966). Critically evaluate this statement. Your evaluation should involve derivation of these models.

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter6: Professional Accounting In The Public Interest

Section: Chapter Questions

Problem 9Q

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