Under which the use of the zero-beta model might lead

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A number of different models can be used to estimate return. Derive the circumstances under which the use of the zero-beta model might lead to the market being considered inefficient when the standard CAPM indicated efficiency.

Reference no: EM13908695

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Under which the use of the zero-beta model might lead : A number of different models can be used to estimate return. Derive the circumstances under which the use of the zero-beta model might lead to the market being considered inefficient when the standard CAPM indicated efficiency.
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