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60. If investors do not know their investment horizons for certain A. the CAPM is no longer valid. B. the CAPM underlying assumptions are

60. If investors do not know their investment horizons for certain A. the CAPM is no longer valid. B. the CAPM underlying assumptions are not violated. C. the implications of the CAPM are not violated as long as investors' liquidity needs are not priced. D. the implications of the CAPM are no longer useful. E. none of the above are true.

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