314  11

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12 Eugene F. Fama and Kenneth R. French, Common Risk Factors in the Returns on Stocks and Bonds,
Journal of Financial Economics, 33, no. 1 (February 1993), pp. 356.   
     . 12.

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17 William F. Sharpe, Factors in New Youk Stock Exchange Security Returns, 1931-1979, Journal of
Portfolio Management, 8, no. 4 (Summer 1982), pp. 519.     :

Blake R. Grossman and Wlliam F. Sharpe, Financial Implications of South African Divestment,

Financial Analysis Journal, 42, no. 4 (July-August 1986), pp. 15-29.

18     ,  , , -,  
    ,       . .: Dolores
A. Conway and Marc R. Reinganum, Stable Factors in Security Returns: Identification Using Cross
Validation, Journal of Business and Economic Statistics, 6, no. 1 (January 1988), pp. 115.

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Eugene F. Fama, Foundations of Finance (New York: Basic Books, 1976), Chapter 3.

 

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1.        :

William F. Sharpe, Factors in New Youk Stock Exchange Security Returns, 1931-1979,
Journal of Portfolio Management, 8, no. 4 (Summer 1982), pp. 5-19; and Factor Models,
CAPMs, andtheABT [sic], Journal of Portfolio Management, 11, no. 1 (Fall 1984), pp. 21-25.
Mark Kritzman, ... About Factor Models, Financial Analysts Journal, 49, no. 1 (January/
February 1993), pp. 12-15.