m*****e
发帖数: 692 | 1 If there is supply restriction in part of the securities in the market,
would that change the efficient frontier and the risk price of the market?
It may be obvious that it does change, but how to interprete that properly
from supply and demand approach?
Thanks...... | c***h
发帖数: 80 | 2 generally, if there is a liquidation problem
1. The market portfolio might lie below the efficient frontier (i.e., it
might be
inefficient).
2. The relationship between expected return and beta might not be linear.
【在 m*****e 的大作中提到】
: If there is supply restriction in part of the securities in the market,
: would that change the efficient frontier and the risk price of the market?
: It may be obvious that it does change, but how to interprete that properly
: from supply and demand approach?
: Thanks......
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