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Considering the SML under APT, which of the followings is a false statement? O a. The slope of SML for a portfolio is the ratio
Considering the SML under APT, which of the followings is a false statement? O a. The slope of SML for a portfolio is the ratio of risk premium to beta of that portfolio. O b. Arbitrage opportunities exist if the slopes of SML of two portfolios do not equal. Oc. When choosing a different benchmark, the arbitrage strategy changes. O d. When choosing a different benchmark, the percentage arbitrage profit stays the same
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Foundations Of Financial Management
Authors: Stanley Block
8th Canadian Edition
0070965447, 9780070965447
