Browsing Faculty of Arts & Social Sciences, Law, Business Mgt (FoA&SS / FoL / FBM) by Subject "Capital asset pricing model"
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Testing the Capital Asset Pricing Model on Weekly Returns at Nairobi Securities Exchange
(School of Business, University of Nairobi, 2012-11)The capital Asset Pricing Model (CAPM) is the most widely used approach in asset valuation. The theory predicts that the expected return on an asset above the risk-free rate is proportional to non-diversifiable risk, which ...