A version of the capital asset pricing model derived by Robert Merton that includes extra-market sources of risk referred to as factors. Related: arbitrage pricing theory Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosm.htm
A version of the capital asset pricing model derived by Merton that includes extra-market sources of risk referred to as factor. Found on http://www.encyclo.co.uk/local/20047