In the last part of empirical analysis, based on the relationship between risk and return, pricing of noise trader risk is discussed.

在实证分析的最后部分，基于风险补偿与收益率之间的关系，本文探讨了噪声交易者风险的定价问题。

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If they can block out the current noise in the marketplace, investors would be well served to consider the long-term relationship between risk and return.

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But Malkiel remains adamant that the long-run relationship between risk and reward will return as Asian markets recover.

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