The Asset Pricing and Bid-Ask Spread: An Empirical Evidence Based on the KLSE Market
Asset pricing theories, particularly the Capital Asset Pricing Model (CAPM) asserts that the expected returns on any particular capital asset consists of only two components, namely the returns on a risk-free security and a premium for the risk. This study reexamines the CAPM by incorporating two...
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| Format: | Thesis |
| Language: | English English |
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1998
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| Online Access: | http://psasir.upm.edu.my/id/eprint/8064/1/FEP_1998_8_A.pdf |