FINANCIAL MANAGEMENT ONLINE RESEARCH ESSAY
Research essay question: Provide an historical account of the development and application of the Capital Asset Pricing Model (CAPM) in managerial finance.
Objectives of the essay
The essay aims to assess master students' ability to research relevant literature and use the literature to critique a specific subject in managerial finance in the form of an essay. By working on the essay project, students will demonstrate their ability to research, criticize and use relevant literature in the essay. Students will demonstrate their ability to present written arguments in a logical manner and reach a conclusion regarding a specific subject in managerial finance. The essay project intends to enhance students' communication skills, in particular academic reading comprehension and academic writing skill, critical analysis and judgment skill in the area of financial theory and practice.
Specific requirements
The essay relates to part 3 of the study contents under the topic objective for Week 3"Cash flow, cash budgeting, and risk and return". The measurement of risk-adjusted return of an investment portfolio can be done using the well-known analytical model Capital Asset Pricing Model. You are required to carry out research of relevant literature to provide an historical account of the development and application of this model since it was established. You are also required to critique major advantages and disadvantages of this model by citing relevant literature. Finally you need to make some comments about the future development and possible evolvement of the model based on the literature that you have read and on your own critical analysis.
Presentation
1500 words, 1.5 line spacing, 11 font size.
Attachment:- Assignment File.rar