How would you expect corporate capital structures to evolve in the next few years in light of the Covid-19 pandemic?Discuss

 

1. Discuss how the risk of pandemics such as Covid-19 fits into the Capital Asset Pricing Model.

2. How would you expect corporate capital structures to evolve in the next few years in light of the Covid-19 pandemic?

3. How do you reconcile the existence of a fund management industry with market efficiency?

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