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Risk, Return and Market Condition: From a Three-Beta to a Functional-Beta Capital Asset Pricing Model

Written By

Zudi Lu and Yuchen Zhuang

Submitted: April 6th, 2011 Published: April 25th, 2012

DOI: 10.5772/32027

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Written By

Zudi Lu and Yuchen Zhuang

Submitted: April 6th, 2011 Published: April 25th, 2012