The Asset Pricing and Bid-Ask Spread: An Empirical Evidence Based on the KLSE Market

Asset pricing theories, particularly the Capital Asset Pricing Model (CAPM) asserts that the expected returns on any particular capital asset consists of only two components, namely the returns on a risk-free security and a premium for the risk. This study reexamines the CAPM by incorporating two...

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Bibliographic Details
Main Author: Lee, Say Oh
Format: Thesis
Language:English
English
Published: 1998
Online Access:http://psasir.upm.edu.my/id/eprint/8064/1/FEP_1998_8_A.pdf
http://psasir.upm.edu.my/id/eprint/8064/
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