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罗密欧 · 2018年06月30日

问一道题:NO.PZ2015121801000111 [ CFA I ]

问题如下图:

选项:

A.

B.

C.

解释:

视频中老师讲的不同只有1所有投资者都是价格接受者2所有是无限可分。所以BC都对啊?
1 个答案

吴昊_品职助教 · 2018年07月02日

同学你说的是CAPM的假设,而这道题考的是CML的假设,注意两者的区分。

当所有投资者都有相同的预期时,有一条统一的有效前沿,此时就会存在一条统一的CAL,即CML。所以CML是一条特殊的CAL。market portfolio之所以存在,就是因为所有投资者都有相同的预期。

加油~

screamingHon · 2019年11月13日

视频里老师说price taker和无限可分是capm和mpt的唯二区别呀?所以single period不对吗?

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