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7 1 point Which one is not an assumption of the CAPM? The market is perfectly liquid. All of the other options are assumptions
7 1 point Which one is not an assumption of the CAPM? The market is perfectly liquid. All of the other options are assumptions of the CAPM. Investors have identical input lists. Unlike the Modigliani-Miller world, borrowing costs may differ across investors. All assets trade on public exchanges.
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Financial Institutions Management A Risk Management Approach
Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders
8th edition
978-0078034800, 78034809, 978-0071051590
