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Keywords: Asset pricing model
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Journal Articles
China Finance Review International (2020) 10 (3): 323–346.
Published: 26 November 2019
...Yifan Chen; Zilin Chen; Huoqing Tang Purpose The purpose of this paper is to introduce an augmented high-order capital asset pricing model (AH-CAPM) as a new risk-based model to price stocks. Design/methodology/approach The AH-CAPM is defined as a linear model with high-order marginal moments...

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