NO.PZ2023021601000037
问题如下：
With respect to return-generating models, the intercept term of the market model is the asset’s estimated:
选项：
A.beta.
B.alpha.
C.variance.
解释：
In the market model, Ri = αi + βiRm + ei, the intercept, αi, and slope coefficient, βi, are estimated using historical security and market returns.请问这里的alpha是相当于risk free rate吗？
一般alpha不是理解为超额收益的吗？
