Citat:
Ursprungligen postat av
Iradeorum
Så hur bortförklarar du CAPM då?
”
CAPM evolved as a way to measure this systematic risk. It is widely used throughout finance for pricing risky securities and generating expected returns for assets, given the risk of those assets and cost of capital.”
”The risk-free rate in the CAPM formula accounts for the time value of money. The other components of the CAPM formula account for the investor taking on additional risk.”
Så hur ser du på att ingen riskfri ränta existerar, Iradeorumongot? Gå och bränn dig på lite napalm istället.
"The three-month U.S. Treasury bill is often used as a proxy for a risk-free rate of return in U.S. markets because the risk of default by the government is low."
"In practice, this rate of return doesn't truly exist: every investment carries some amount of risk, even if that risk is small."
https://www.investopedia.com/terms/r/risk-freerate.asp