Скачать с ютуб The Arbitrage Pricing Theory and Multifactor Models of Risk and Return (FRM P1 – Book 1 – Chapter 6) в хорошем качестве

The Arbitrage Pricing Theory and Multifactor Models of Risk and Return (FRM P1 – Book 1 – Chapter 6)

For FRM (Part I & Part II) video lessons, study notes, question banks, mock exams, and formula sheets covering all chapters of the FRM syllabus, click on the following link: https://analystprep.com/shop/unlimite... AnalystPrep is a GARP-Approved Exam Preparation Provider for FRM Exams After completing this reading, you should be able to: - Explain the Arbitrage Pricing Theory (APT), describe its assumptions, and compare the APT to the CAPM. - Describe the inputs (including factor betas) to a multifactor model and explain the challenges of using multifactor models in hedging. - Calculate the expected return of an asset using a single-factor and a multifactor model. - Explain how to construct a portfolio to hedge exposure to multiple factors. - Describe and apply the Fama-French three-factor model in estimating asset returns.