The capital asset pricing model

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Abstract

The capital asset pricing model (CAPM) is an absurd model-its assumptions and its predictions/conclusions have no basis in the real world.

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APA

Fernandez, P. (2017). The capital asset pricing model. In Economic Ideas You Should Forget (pp. 47–49). Springer International Publishing. https://doi.org/10.1007/978-3-319-47458-8_19

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