Measuring the Systematic Risk of South Pars Field
Keywords:
Natural Gas, South Pars Field, Capital Asset Pricing Model (CAPM), Systematic Risk ( #x3B2; )
Abstract
Iran is the biggest producer of natural gas. The most significant energy development project in Iran is South Pars field which is the biggest natural gas field of world. Capital asset pricing model (CAPM) is a famous model for measuring relation between risk and return. In this paper we extract systematic risk ( #x3B2; ) of South Pars project which cannot be diversified away.
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Published
2012-03-15
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Copyright (c) 2012 Authors and Global Journals Private Limited
This work is licensed under a Creative Commons Attribution 4.0 International License.