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Optimal pricing of intraday liquidity

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Melody Nyangara,Davis Nyangara,Godfrey Ndlovu,Takawira Tyavambiza     Pág. 365 - 379
We test the empirical validity of the Capital Asset Pricing Model (CAPM) on the Zimbabwe Stock Exchange (ZSE) using cross-sectional stock returns on 31 stocks listed on the ZSE between March 2009 and February 2014. We conclude that, although the explanat... ver más