Arbitrage Pricing Theory

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Arbitrage Pricing Theory is a multi-factor asset pricing model that explains the expected return of a financial asset as a linear function of various macroeconomic risk factors, assuming no arbitrage opportunities in efficient markets.

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Asset Pricing → relatedTo → Arbitrage Pricing Theory ⓘ
Stephen A. Ross → knownFor → arbitrage pricing theory ⓘ
linked to: Arbitrage Pricing Theory
Stephen A. Ross → notableWork → Arbitrage Theory of Capital Asset Pricing ⓘ
linked to: Arbitrage Pricing Theory