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Q3. (1 Point) Which statements are incorrect? A. Both the CAPM and APT require a mean-variance efficient market portfolio B. Both the CAPM and APT
Q3. (1 Point) Which statements are incorrect? A. Both the CAPM and APT require a mean-variance efficient market portfolio B. Both the CAPM and APT assume normally distributed security returns C. Both the CAPM and APT are equilibrium models D. Neither the CAPM nor APT assumes one-period investment E. The CAPM and APT are three-factor models
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