问题如下:
With respect to the capital asset pricing model, the primary determinant of expected return of an individual asset is the:
选项:
A.asset’s beta.
B.market risk premium.
C.asset’s standard deviation.
解释:
A is correct.
The CAPM shows that the primary determinant of expected return for an individual asset is its beta, or how well the asset correlates with the market.
请问为什么不是risk premium?还是没看懂