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Arbitrage Pricing Theory (APT) It is argued in APT, when the number of securities goes to infinity, the unsystematic risk is approximately equal zero. Prove
Arbitrage Pricing Theory (APT)
It is argued in APT, when the number of securities goes to infinity, the unsystematic risk is approximately equal zero. Prove it. Prove it through writing and/or Mathematically
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International Financial Management
Authors: Cheol Eun
9th Edition
1260788865, 9781260788860
