The Capital Asset Pricing Model
Objective
- Explain risk in the CAPM context
- Explain market efficiency in a CAPM context
Reading
- Chapter 9: Benchmarked Costs of Capital
- Chapter 10: The Capital Asset Pricing Model
Assignment
CAPM Introduction @ Edspira
Systematic vs Idiosyncratic Risk @ Edspira
What is Beta? @ Edspira
Portfolio Beta @ Edspira
Security Market Line @ Edspira
Capital Market Line @ Edspira
Equity Risk Premium @ NYU
Advanced
CAPM and APT Lecture
Andrew Lo @ MIT
Last updated on May 5, 2019