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3. (4) If the CAPM is perfectly accurate, then we see that assets with a high market risk have high expected returns. This is most
3. (4) If the CAPM is perfectly accurate, then we see that assets with a high market risk have high expected returns. This is most likely because: 4 O a. such assets are very popular and thus have relatively high prices. O b. such assets are very popular and thus have relatively low prices. O c. Such assets are very unpopular and thus have relatively high prices d. Such assets are very unpopular and thus have relatively low prices
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