相关文档

• Chap013.ppt

  #

• Chap013.ppt

  CHAPTER 13Empirical Evidence on Security ReturnsOverview of InvestigationReturn-beta relationships are widely used in actual financial practiceThe CAPM predicts expected rates of return on assets, rel

• Chap013.ppt

  CHAPTER 13Expenditure Programs for the Poor ? 2010 by the McGraw-Hillpanies, Inc All rights -Hill/IrwinA Quick Look at Welfare SpendingMeans-testedCash versus in-kind assistanceAnti-poverty impa

• Chap013(1).ppt

  CHAPTER 13Empirical Evidence on Security ReturnsOverview of InvestigationReturn-beta relationships are widely used in actual financial practiceThe CAPM predicts expected rates of return on assets, rel

• AC-WEEK5-chap013.ppt

  Slide Identify relevant and irrelevant costs and benefits in a costs and benefits that do not differ between the remaining costs and benefits that differ between alternatives in making the deci

• chap003.ppt

  单击此处编辑母版标题样式单击此处编辑母版文本样式第二级第三级第四级第五级单击此处编辑母版标题样式单击此处编辑母版文本样式第二级第三级第四级第五级History and Geography: The Foundations of CultureChapter 3历史与地理：文化的基础第三章教学手段教学环节：课程讲授和案例分析练习环节课后作业启发式教学方法：提问引导学生思考师生互动本授课单元教学过

• Chap011.ppt

  CHAPTER 11The Efficient Market HypothesisMaurice Kendall (1953) found no predictable pattern in stock pricesPrices are as likely to go up as to go down on any particular dayHow do we explain random st

• Chap019.ppt

  #

• Chap017.ppt

  #

• Chap011.ppt

  第十一章有效市场假设11-2莫里斯·肯德尔(1953) 发现股价不存在任何可预测范式。价格在任何一天都可能上升或下降。我们如何解释股价的随机变化有效市场假设(EMH)11-3有效市场假说(EMH)股价可以反映所有已知信息的观点称之为有效市场假说EMH。由于市场参与者急需新的交易信息，关于未来良好表现的预测导致目前表现良好。结果: 价格变化到与股票风险相称的收益率。11-4有效市场假设(EMH)信息