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According to the CAPM, the reward per unit of risk must be _______. highest for stocks with high betas lowest for stocks with low betas
According to the CAPM, the reward per unit of risk must be _______.
| highest for stocks with high betas |
| lowest for stocks with low betas |
| the same for all stocks |
| increasing as the risk-free rate decreases |
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Survey Of Economics, Principles, Applications, And Tools
Authors: Arthur O'Sullivan, Steven M. Sheffrin, Stephen J. Perez
5th Edition
0132556073, 978-0132556071
