简介:Inthispaper,weestablishedaCapitalAssetPricingModel(CAPM)subjecttotheassumptionthattheassetreturnratesobeysymmetricstableParetiandistributions.Thisassumptionseemstobeclosertorealitythanthestandardonessuchasnormalityorfinitevariance.ConclusionsimilartotheoriginalCAPMformulaisdrawninthispaper.