Documents ch07

Chapter 7 Risk and Return Learning Objectives 1. Explain the relation between risk and return. 2. Describe the two components of a total holding period return, and calculate…

Documents ch07

Chapter 7 Risk and Return Learning Objectives 1. Explain the relation between risk and return. 2. Describe the two components of a total holding period return, and calculate…

Documents HHIF Lecture Series: Modern Portfolio Theory and Asset Pricing

HHIF Lecture Series: Modern Portfolio Theory and Asset Pricing Alexander Remorov University of Toronto February 18, 2011 Alexander Remorov (University of Toronto) HHIF Lecture…

Documents CHAPTER THREE: Portfolio Theory, Fund Separation and CAPM

CHAPTER THREE: Portfolio Theory, Fund Separation and CAPM Markowitz Portfolio Selection There is no single portfolio that is best for everyone. The Life Cycle — different…