In 1976, Stephen A. Ross innovated CAPM and set up Arbitrage Pricing Theory ( shortened for APT ).1976年, StephenA. Ross改进了CAPM模型,提出了套利定价理论 ( ArbitragePricingTheory, 简称APT ).Non - arbitrage equilibrium is the characterist...
Based on the assumption of no arbitrage, an accurate WACC formula is derived.基于无套利假设, 给出了WACC的精确公式.Non - arbitrage equilibrium is the characteristic defined by the new classicalism.无套利均衡是新古典主义理论在特定条件下所界定的市场均衡特征.These mod...