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
资本资产定价模型是现代金融学的奠基石,它揭示了资本市场基本的运行规律,对于市场实践和理论研究都具有重要意义。尽管资本资产定价模型在理解和应用上都相当容易,但随着进一步发展,这个模型也暴露出各种缺陷,本文简要评述资本资产定价模型,挖掘该模型的缺陷,探讨如何解决这个模型暴露出的缺陷,并将对其进行可行性修正与扩展,并探讨结合我国的证券市场。

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