金融第十一章：资本资产定价模型与风险回报.pptx

ReturnandRisk:TheCapitalAssetPricingModelChapter11Copyright?2010bytheMcGraw-HillCompanies,Inc.Allrightsreserved.McGraw-Hill/Irwin

KeyConceptsandSkillsKnowhowtocalculateexpectedreturnsKnowhowtocalculatecovariances,correlations,andbetasUnderstandtheimpactofdiversificationUnderstandthesystematicriskprincipleUnderstandthesecuritymarketlineUnderstandtherisk-returntradeoffBeabletousetheCapitalAssetPricingModel

ChapterOutline11.1IndividualSecurities11.2ExpectedReturn,Variance,andCovariance11.3TheReturnandRiskforPortfolios11.4The