Risk,Return,andEquilibrium:EmpiricalTestsEugeneF.FamaandJamesD.MacBeth1
ABSTRACT1、ThispaperteststherelationshipbetweenaveragereturnandriskforNewYorkStockExchangecommonstocks.2、Wecannotrejectthehypothesisofthesemodelsthatthepricingofcommonstocksreflectstheatte
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