|
- UID
- 222273
- 帖子
- 226
- 主题
- 47
- 注册时间
- 2011-7-2
- 最后登录
- 2016-4-19
|
Hello,
Book 2 of Schweser Notes, page 92 states that the ERP for markets assuming full segmentation will have a correlation of 1 with the global market portfolio. Shouldn't it be for full integration as full integration = capital flowing freely = assets with same risk will have same return = correlation is +1.0...?
Additionally, anyone know the link that posts all the misprints on schweser notes?
Thanks. |
|
发表于 2011-7-13 16:29
|