Скачать или смотреть How to solve CAPM theory questions (e.g., slopes of SML, CAL & CML)

In this video, we dive deep into the Capital Asset Pricing Model (CAPM) and explore the slopes of the Security Market Line (SML), Capital Market Line (CML), and Capital Allocation Line (CAL). You'll learn how these slopes relate to the market risk premium, the Sharpe ratio, and beta, with clear explanations and proofs. Whether you're preparing for an introduction to corporate finance or looking to strengthen your understanding, this video will provide valuable insights into key CAPM concepts.

Timestamps:
00:00 - Introduction to CAPM and the Slope Concepts
00:27 - Overview of Slope Questions Related to CML, CAL, and SML
00:56 - Understanding the Steeper Slope of the Security Market Line (SML)
02:05 - The Slope of the SML and the Market Risk Premium
03:18 - Defining the Slope of the SML in Terms of the Linear Function
04:28 - Proving the Slope of the SML is the Market Risk Premium
05:02 - The Steeper Slope of the CML and the Sharpe Ratio
05:52 - Understanding the Slope of the CML and the Relationship to Sharpe Ratio
06:34 - The Incorrect Relationship Between Steeper Slope and Higher Beta
07:15 - Verifying the Market Risk Premium as the Slope of the SML
07:45 - Clarifying the Slope of the Capital Market Line and Its Relationship to Market Risk Premium
08:23 - Why the Slope of the CML is Not the Market Risk Premium
08:57 - Exploring How Changes in Risk-Free Rate Affect the Slope of the SML
10:10 - The Inverse Relationship Between Risk-Free Rate and Slope of the SML
10:46 - Why the Market Risk Premium is Not About Portfolio Percentages
11:18 - Conclusion and Further Resources for Understanding CML, SML, and CAL