11-0
Chapter Eleven
An AlternativeCorporate
View of Finance
Ross The
Westerfield
Risk and Return:
APT Jaffe


11
Sixth Edition
Prepared by
Gady Jacoby
University of Manitoba
and
Sebouh Aintablian
American University of
Beirut
McGraw-Hill Ryerson
© 2003 McGraw–Hill Ryerson Limited
11-1
Chapter Outline
11.1 Factor Models: Announcements, Surprises, and Expected
Returns
11.2 Risk: Systematic and Unsystematic
11.3 Systematic Risk and Betas
11.4 Portfolios and Factor Models
11.5 Betas and Expected Returns
11.6 The Capital Asset Pricing Model and the Arbitrage Pricing
Theory
11.7 Parametric Approaches to Asset Pricing
11.8 Summary and Conclusions
McGraw-Hill Ryerson
© 2003 McGraw–Hill Ryerson Limited