9-1
McGraw-Hill Ryerson © 2003 McGraw–Hill Ryerson Limited
Corporate Finance
Ross Westerfield Jaffe Sixth Edition
9
Chapter Nine
Capital Market
Theory: An Overview
Prepared by Gady Jacoby
University of Manitoba and
Sebouh Aintablian
9-2
McGraw-Hill Ryerson © 2003 McGraw–Hill Ryerson Limited
Chapter Outline
9.1 Returns
9.2 Holding-Period Returns
9.3 Return Statistics
9.4 Average Stock Returns and Risk-Free Returns
9.5 Risk Statistics