Question 2
With reference to literature and empirical studies, critically evaluate the practicality of applying Capital Asset Pricing Model in investment decisions, from both the individual investors and corporate perspectives.
Word limit: 2,000 words (at least 20 references)
• Start with what is CAPM
• What is the assumption
• Read more than 20 articles
• What study conducted on CAPM
• Can it be use for investment decision?
• Do they really use it? Why or why not?
• Read journals on applied finance/corporate finance/financial economics