求助 level 2 March Mock AM Exam 最后一题 should, actual, return, Because, expected

elainez

level 2 March Mock AM Exam 最后一部分portfolio的最后一题，CAPM 计算得出的return大于题中expected return，为什么说是overvalue了呢？是我记错了么？应该是undervalued的呀？

答案如下：According to the CAPM, PSMG's (某asset名称）return should be 14%. Because its actual expected return is only 12%. PSMG is overvalued.


跪求大神解释

elainez

回复 2# drexelyu0


是哦，总觉得CAPM 给出来的是minmum的level 。。。 又记错了，谢啦

Good Luck on your exam