In tests of the CAPM, a. The outcome returns as a function of beta are generally higher

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In tests of the CAPM,

a. The outcome returns as a function of beta are generally higher for all portfolios than is predicted by the CAPM.

b. The outcome returns as a function of beta are generally lower for all portfolios than is predicted by the CAPM.

c. The outcome returns are generally higher for low beta portfolios and lower for high beta portfolios than is predicted by the CAPM.

d. The outcome returns are generally lower for low beta portfolios and higher for high beta portfolios than is predicted by the CAPM.

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Stock Markets And Corporate Finance A Primer

ISBN: 9781800611474,9781800611498

1st Edition

Authors: Michael Dempsey

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Question Posted: Jul 23, 2024 08:00 AM

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In tests of the CAPM, a. The outcome returns as a function of beta are generally higher

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Stock Markets And Corporate Finance A Primer

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