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1. According to the CAPM, the representative investor must hold all shares of all stock. If this is true, then the representative investor must hold

image text in transcribed 1. According to the CAPM, the representative investor must hold all shares of all stock. If this is true, then the representative investor must hold (A) the value-weighted portfolio of all securities. (B) the equally-weighted portfolio of all securities. (C) the price-weighted portfolio of all securities. (D) the earnings-weighted portfolio of all securities

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