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Cheng, Joseph M. – American Journal of Business Education, 2010
This is a teaching note on a proposed approach that will correct a common flaw in the way the return-generating process within the APT framework is illustrated in textbooks. The problem can be resolved by dichotomizing the risk factors into two kinds. Based on this approach, the author eliminated the main source of confusion and developed an…
Descriptors: Teaching Methods, Teaching Models, Misconceptions, Textbook Content