CAPM MODEL – APLICATION IN CAPITAL MARKET OF REPUBLIC OF SRPSKA
The CAPM model was introduced by Jack Treynor, William Sharpe, John Lintner and Jan Mossin independently, building on the earlier work of Harry Markowitz on diversification and modern portfolio theory. The Capital Asset Pricing Model (CAPM) is used in finance to determine a theoretically appropriat...
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Format: | Article |
Language: | English |
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University of Banja Luka, Faculty of Economics
2007-12-01
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Series: | Acta Economica |
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Online Access: | http://ae.ef.unibl.org/index.php/AE/article/view/265 |