Brennan, Michael J. (contributor); … - 2002 - [Elektronische Ressource]
ratio, as in the classic Sharpe-Lintner
Capital Asset Pricing Model. The slope of the capital market line depends in turn on … asset pricing model that
has been applied widely in practice. Secondly, is it possible that it is time variation in … asset
pricing model in which size and BE/ME proxy for sensitivity to risk factors in returns.”
An APT interpretation has …