Do you think the CAPM (Capital Asset Pricing Model) is universally applicable, i.e., is it successful in determining the expected rate of return for stocks in all global economies? Is there a problem with estimating the Beta (market risk) from historica
Do you think the CAPM (Capital Asset Pricing Model) is universally applicable, i.e., is it successful in determining the expected rate of return for stocks in all global economies? Is there a problem with estimating the Beta (market risk) from historical returns? Apple, the example given in the text, is not the same company it […]


