Slide 1 Investment Analysis and Portfolio Management Lecture 2 Gareth Myles Slide 2 Return The reason for holding a security is to benefit from the return it offers The holding…
Return and Risk: The Asset-Pricing Model: CAPM and APT Portfolio Theory Ex1, Two portfolio Portfolio 1: a single investment A: with expected return : 1 and variance 25 Portfolio…
INTRODUCTION For a given set of securities, any number of portfolios can be constructed. A rational investor attempts to find the most efficient of these portfolios. The…