Examlex
Carroll and Gillen (1987) state which of the following about managerial work?
Simple CAPM
A model that describes the relationship between the risk of a security and its expected return, based on the premise that markets are efficient.
Risk-free Rate
The theoretical return on an investment with zero risk, typically represented by the yield on government bonds.
Expected Return
The expected return is the anticipated average return on an investment, considering both the probability of each outcome and the return of each outcome.
Risk-free Rate
The theoretical rate of return on an investment with zero risk, typically represented by government bonds.
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