EC4024 Lecture 11

8
Lecture 11 APT

Transcript of EC4024 Lecture 11

Page 1: EC4024 Lecture 11

Lecture 11APT

Page 2: EC4024 Lecture 11
Page 3: EC4024 Lecture 11

CAPM’s Constraints

Page 4: EC4024 Lecture 11

Idea of APT

Page 5: EC4024 Lecture 11

Single Factor APT

Page 6: EC4024 Lecture 11

Handout

Page 7: EC4024 Lecture 11

Using APT

Page 8: EC4024 Lecture 11

EMH + Adaptive Markets

ReadLo, 2004