Understanding the Arbitrage Pricing Theory

A note for SIG: Quantitative Finance by Mesias Alfeus.

Mesias Alfeus is a Senior Lecturer in the Department of Statistics and Actuarial Science at Stellenbosch University. He is also ORSSA's Head of SIG: Quantitative Finance and Coordinator of the National Institute for Theoretical and Computational Sciences (NITheCS) Quantitative Finance Research Programme.