Peng, Zhuoming Joe; Dukes, William P.; Bremer, Ronald - In: Business Education and Accreditation 1 (2009) 1, pp. 55-64
An analysis of student-managed funds’ operations in 35 universities in the U.S. was conducted with the data collected through an Internet-based survey. The results indicate that CAPM is used in most SMFs as the means to estimate the required rate of return. Value Line and Wall Street...