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eyn · 2024年09月07日

A错在哪里?

NO.PZ2023021601000028

问题如下:

Which of the following is least likely an assumption of the capital asset pricing model (CAPM)?

选项:

A.Security prices are not affected by investor trades. (2016 mock) B.An investor can invest as much as he or she desires in any asset. C.Investors are different only with respect to their unique holding periods.

解释:

One of the assumptions of the CAPM is that investors plan for the same single holding period.

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1 个答案

Kiko_品职助教 · 2024年09月09日

嗨,从没放弃的小努力你好:


A说证券价格不受投资者交易的影响。在资本资产定价模型中,是假设市场是有效的,投资者是价格的接受者,单个投资者的交易行为不会影响证券价格,所以该选项是 CAPM 的假设。所以A不能选。

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虽然现在很辛苦,但努力过的感觉真的很好,加油!