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In an APT multi-factor model, what characteristic is the most critical? Select one: a. The betas are all different from 1 b. The GCP factor
In an APT multi-factor model, what characteristic is the most critical? Select one: a. The betas are all different from 1 b. The GCP factor is included c. The factors are chosen with meaningful economic interpretation d. There are at least 3 factors e. The international factors are included f. All of the others are equally important g. The factors are independent
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