                                   273

    ,    /,    -
 2,    .     -
   .      
      .    
 (market risk)  .    ,  
    .   ^,2  
   (non-market risk).      
         
 (unique risk). ,    ^..   ,^, 
 2   (8.8)  (10.12)  .

10.4.3   

         
  Able, Baker  Charlie: 0,66, 1,11  1,02 .  -
     15,2%,     
   : (0,662  15,22) = 100, (1,112  15,22) = 285,  (1,022  15,22) = 240
.      ,  
(10.12)  G^2:                                       f

"J-^-P^Ar                                 (1()

  Able, Baker  Charlie     :

^,2 = 146 - 100 = 46;

^2 = 854 - 285 = 569;

^2 = 289 - 240 = 49.

       ,  -
    2.  Able /46= 6,8%,  Baker ^569= 23,9%,  Charlie
V49= 7%.

10.4.4     

   ,     .  ,
    ,    .    
 .

         
   .       
  .          -
 .  ,       -
      .

     .    
     . ,  ,  -
   ,      .

^^^^  

1.           -
   .

2.    ,      
 .