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May 1, 1973Journal of Political Economy15,231 citations

Risk, Return, and Equilibrium: Empirical Tests

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EFEugene F. FamaJMJames D. MacBeth

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Cite This Study

Fama et al. (1973) studied this question.

synapsesocial.com/papers/69d6cbd0fca0359822aa88c0https://doi.org/10.1086/260061
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