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The Capital Market
Rates of Return
Investment Decisions Under Certainty
23 other sections not shown
alternative American annual assume assumption average beta bonds borrowing calculated Capital CAPM cash Chapter combinations common consider criterion cumulative curve decision derivative determine distribution diversification dividend dollar dominates Economic efficient frontier efficient set empirical equal equation equilibrium estimate example exchange exercise expected return expected utility Figure Financial formula future given higher hold included increase indifference individual interest interest rate investment investor Journal of Finance Management market portfolio mean measure mutual funds negative Note obtain optimal option parameters performance period portfolio positive possible preferences probability problem profit proportions Quantitative Analysis random rate of return regression relationship represents risk riskless risky assets rule securities Selection shares short shows standard deviation stock price Table Theory tion utility function variable variance yield zero