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Essay Details:
Essay text:
With ever changing macro economic conditions and due to the impact of globalization asset pricing is not the same it used to be and hence the need to revisit it
Approach
Asset selection and pricing are catch 22 scenarios. You can not price something that is not selected. You can not select something that is not priced. But the classic investment models suggest that diversification makes an investment attractive. Our approach to select an initial asset for study is based on total diversification. The asset in turn is priced using well established asset pricing models and the results are compared and contrasted...
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