If the APT is to be a useful theory, the number of systematic factors in the economy

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If the APT is to be a useful theory, the number of systematic factors in the economy must be small. Why?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Jan 04, 2013 07:52 AM

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If the APT is to be a useful theory, the number of systematic factors in the economy

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From a statistical regression perspective in order to conclu...View the full answer

Investments

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