Top Posters
Since Sunday
s
5
g
5
K
5
o
5
g
5
o
4
k
4
s
4
I
4
k
4
j
4
o
4
New Topic  
alireads alireads
wrote...
Posts: 148
Rep: 0 0
2 months ago
What is the main criticism of the CAPM referred to as Roll's critique?

▸ The market portfolio is impossible to estimate.

▸ The CAPM does not hold because beta is not a good measure of risk.

▸ The stock market is not efficient.

▸ All of the above are criticism of CAPM.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
Author:
Read 21 times
1 Reply
Replies
Answer verified by a subject expert
bryrdanbryrdan
wrote...
Posts: 128
Rep: 0 0
2 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

alireads Author
wrote...

2 months ago
This site is awesome
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

2 hours ago
Brilliant
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  785 People Browsing
Related Images
  
 137
  
 1124
  
 226
Your Opinion
Where do you get your textbooks?
Votes: 422

Previous poll results: How often do you eat-out per week?