Recommendations & StrategiesCâu 56 / 110
The Capital Asset Pricing Model (CAPM) expresses the expected return of a security as a function of which of the following?
a.Only the security's dividend yield
b.The company's book value alone
c.The risk-free rate plus beta times the market risk premium
d.The security's standard deviation only
Giải thích
CAPM states that a security's expected return equals the risk-free rate plus its beta multiplied by the market risk premium (the market return minus the risk-free rate). It links expected return to systematic risk as measured by beta. Total risk measured by standard deviation is not the CAPM input.
Luyện miễn phí toàn bộ 110 câu hỏi — không cần đăng ký.
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