6. What are the empirical findings when testing the applicability of the CAPM?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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i just saw the company policy, this question is the second time i am asking but i would like to get help with question 6

PROBLEM 5 [INVESTMENTS]
The investor considers using alternative asset pricing models, for instance the Capital Asset Pricing
Model (CAPM).
5. Explain to the investor what the main differences between the APT and the CAPM are.
6. What are the empirical findings when testing the applicability of the CAPM?
Transcribed Image Text:PROBLEM 5 [INVESTMENTS] The investor considers using alternative asset pricing models, for instance the Capital Asset Pricing Model (CAPM). 5. Explain to the investor what the main differences between the APT and the CAPM are. 6. What are the empirical findings when testing the applicability of the CAPM?
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