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- 2011-7-2
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- 2014-6-29
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Correlation 1 in fully segmented market
| There a reading in session 6 where we need to calculate equity risk premium of the market. We need to calculate the risk premium assuming it is fully segmented and integrated. My question is why would correlation=1 in a fully segmented market? Shouldnt it be 0 |
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发表于 2011-7-11 19:00
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