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  Asset pricing

Topics in this somewhat more advanced training module include:

  • the problem of lifetime utility maximization;
  • the fundamental asset pricing equation;
  • the pricing kernel and the Radon-Nikodym derivative;
  • The CAPM;
  • The Conditional CAPM;
  • The Intertemporal CAPM;
  • The APT and multi-factor pricing models;
  • etc.