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Please mark the only incorrect comparison between the APT and the CAPM models: a. APT and CAPM can arrive at the same security market line
Please mark the only incorrect comparison between the APT and the CAPM models:
a. | APT and CAPM can arrive at the same security market line | |
b. | Both models explain a securitys expected return as a function of one (or several) systematic risks (called betas) | |
c. | Both APT and CAPM differentiate between market risk and firm-specific risk | |
d. | Both models assume that investors are mean-variance optimizers |
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