What other explanatory variables are proved to be statistically significant in predicting the required rate of return? What is Roll’s critique of the CAPM?

Apart from beta in the Capital Asset Pricing Model, what other explanatory variables are proved to be statistically significant in predicting the required rate of return? What is Roll’s critique of the CAPM? You need to evaluate the relevant empirical evidence.

Briefly summarize the data (include an explanation of the results of descriptive statistics of the data, variables included, how the data was collected, and any pertinent information about the data available in the case study).

Case Study 15.3 Hawlins Manufacturing – Further instruction and guidance. Ross Hawlins had done it all at Hawlins Manufacturing company founded by his grandfather 63 years ago. Among his many duties, Ross oversaw all the plant’s operations, a task that had grown in responsibility given the company’s rapid growth over the past three decades. When […]

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