Documents Chapter 09_Hand-Out 8

CHAPTER 9 THE CAPITAL ASSET PRICING MODEL 9.1 THE CAPITAL ASSET PRICING MODEL 1. The CAPM and its Assumptions The capital asset pricing model (CAPM) is a set of predictions…

Documents Chapter 9 - The Capital Asset Pricing Model (CAPM)

Prepared by Ken Hartviksen INTRODUCTION TO CORPORATE FINANCE Laurence Booth • W. Sean Cleary Chapter 9 – The Capital Asset Pricing Model CHAPTER 9 The Capital Asset Pricing…