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GAPM

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AcronymDefinition
GAPMGaussian Aperture Pupil Mask (observation tool; astronomy)


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Numerous studies over more than a decade have shown that using the GAPM and beta is an undesirable way of calculating the cost of capital and should not be used for valuation purposes, and this sentiment has been very clearly and unambiguously stated by Fama and French (1992, 1996).
 
 
 
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