Quick question:
Please confirm when one should use the T-Bill rate and when one should use the T-Bond rate as a proxy for the risk free rate?
Specific question in mind:
Schweser Practice Exams, Volume 1, Exam 1 - Afternoon session, Q109
Quick question:
Please confirm when one should use the T-Bill rate and when one should use the T-Bond rate as a proxy for the risk free rate?
Specific question in mind:
Schweser Practice Exams, Volume 1, Exam 1 - Afternoon session, Q109
In CAPM use T-bond rate
In fama french models and pastor etc use T bill