Wat special role does beta play in the capm and how do


• What is the difference between systematic and unsystematic risk, and how does that relate to the concept of diversification?

• How does the capital asset pricing model (CAPM) extend the results of capital market theory?

• What special role does beta play in the CAPM, and how do investors calculate a security's characteristic line in practice?

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Portfolio Management: Wat special role does beta play in the capm and how do
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