Ritically analyse the relative merits of the capital asset pricing model (CAPM) and
Critically analyse the relative merits of the capital asset pricing model (CAPM) and
empirical approaches to asset pricing (such as the Fama and French model).
Your essay must focus on theoretical justifications as well as practical considerations.
You must demonstrate reading and research well beyond the material discussed in
lectures. Your essay will benefit from the inclusion of insights from academic and
practitioner research. Support your arguments with examples when possible.
You should ensure careful citation of all paper and electronic sources of information,
and include a list of references.
Word limit: 2,000 words (approximately 6 pages A4 1.5 spacing).
Please state the word count on the cover page of your work