ArbitragePricingTheoryandMultifactorModelsofRiskandReturn幻灯片.pptVIP

CHAPTER 10;Single Factor Model;Single Factor Model Equation;Multifactor Models;Multifactor Model Equation;Multifactor SML Models;Interpretation;Arbitrage Pricing Theory;Arbitrage Pricing Theory;APT Well-Diversified Portfolios;Figure 10.4 The Security Market Line;APT Model;APT and CAPM;Multifactor APT;Two-Factor Model;Two-Factor Model;Where Should We Look for Factors?;Fama-French Three-Factor Model;The Multifactor CAPM and the APT