Abstract
This chapter applies the basic arbitrage theorem in a single-period setting to develop a version of what is known as the capital asset pricing model (or CAPM).
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Bibliography
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© 1991 Michael Allingham
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Allingham, M. (1991). Exact Arbitrage: A Capital Asset Pricing Model. In: Arbitrage. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21385-6_3
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DOI: https://doi.org/10.1007/978-1-349-21385-6_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-55781-5
Online ISBN: 978-1-349-21385-6
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