When we’re adjusting portfolio allocation between equity and debt - to convert equity to cash, which formula do we use (the one with target b = 0 or the one with Rf rate?)? Sorry, if it was discussed before…
target b0
ok, good. thanks.
When we’re adjusting portfolio allocation between equity and debt - to convert equity to cash, which formula do we use (the one with target b = 0 or the one with Rf rate?)? Sorry, if it was discussed before…
target b0
ok, good. thanks.