谁能帮我翻译成英文么?
来源:百度知道 编辑:UC知道 时间:2024/06/05 18:09:28
The Capital Asset Pricing model(CAPM) is the fundamental of modern finance. It does not only reveal the underlying operation of the capital market, but also contribute a lot to the practice and theory developing of capital market. CAPM is easy to understand and apply. However, along with further market develpment, the model has been found a number of drawbacks. This artical is to briefly examine and assess CAPM and identify the drawbaks of the model. Then it studies how the model can be amended and improved to overcome its drawbaks and extended to apply to China's stock market.
Capital Asset Pricing Model of modern finance is the foundation stone, it reveals the basic operation of the capital market laws, to the market practice and theoretical research of great significance. Although the capital asset pricing model in understanding and application are very easy, but with further development, this model also exposed shortcomings, the paper briefly reviewed the capital asset