Business, 23.03.2020 20:55, charlieh3872

In a study conducted by Jagannathan and Wang, it was found that the performance of beta in explaining security returns could be considerably enhanced by: I. Including the unsystematic risk of a stock II. Including human capital in the market portfolio III. Allowing for changes in beta over time

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In a study conducted by Jagannathan and Wang, it was found that the performance of beta in explainin...