Asked by
Francis CuLaLa
on Oct 20, 2024
Verified
The arbitrage pricing theory was developed by ________.
A) Henry Markowitz
B) Stephen Ross
C) William Sharpe
D) Eugene Fama
Arbitrage Pricing Theory
A theory that describes how the price of assets or securities is determined through the relationship to several risk factors or theoretical market indices.
Stephen Ross
An influential economist and finance professor known for his work in developing the Arbitrage Pricing Theory and other significant contributions to finance.
- Understand the Arbitrage Pricing Theory (APT) and its comparison with CAPM.
Verified Answer
LF
Learning Objectives
- Understand the Arbitrage Pricing Theory (APT) and its comparison with CAPM.