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2. (5 pts) Which of the following is an assumption of CAPM? A. The price of the asset is driven by investors' trading actions. B.

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2. (5 pts) Which of the following is an assumption of CAPM? A. The price of the asset is driven by investors' trading actions. B. All the investors have the same expectations of the market. C. Investors' wealth in the next period depends on the performance of their portfolios during the current period. D. Investors pay small amount of transaction costs

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