ERP - misprint? capital, return, assets, market, states

krause2

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.