August 5, 2010 c02 JWBT333-Tapiero 11:50 Printer: Hamilton Applied Finance 45 ai I960: William Sharpe (1964) (Nobel Prize winner), building on ... 1976: Arbitrage pricing theory, developed by Stephen Ross, points out that the price of a security is driven by ... due to the returns spread they obtain by using debt (see Chapter 9). The financial crisis of 2008 has triggered a flight from risk, however, withanbsp;...
|Title||:||Risk Finance and Asset Pricing|
|Author||:||Charles S. Tapiero|
|Publisher||:||John Wiley & Sons - 2010-09-24|