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Comparing of the Efficiency of Capital Asset Pricing Model (CAPM) and Consumption-based Capital Asset Pricing Model (CCAPM) in Tehran Stock Exchange (TSE)

F. Rostamian; Sh. Javanbakht

Volume 8, Issue 31 , October 2010, , Pages 143-157

Abstract
  The relation between risk and return, and capital asset pricing is the most basic topics in capital market. Capital Asset Pricing Model (CAPM) was suggested by Lintner and Sharpe in 1965 and has been reformed and criticized since. This paper studies another version of CAPM along with the traditional ...  Read More