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2. Stocks versus Gambling: Critically evaluate the following statement: playing the stock market is like gambling. Such speculative investing has no social value, other than

2. Stocks versus Gambling: Critically evaluate the following statement: playing the stock market is like gambling. Such speculative investing has no social value, other than the pleasure people get from this form of gambling.

3. Discuss the limitations and challenges of CAPM when you apply this model to the real world stock markets.

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