L2-Mock-PM-#28 求教 market, return, expected

donway

请问L2-Mock-PM-#28

 

答案的CAPM的用法没有看懂，主要困惑在于Rf=9.5%-5% (expected return on market - expected market risk)

 

不明白为什么这样求Rf

 

多谢！

reims

5%是market risk premium

market risk premium=expected return on market - Rf

donway

明白了，多谢解答