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Q.No.2. (Marks - 10) Define investment? Explain in detail the three elements of required rate of return. Q.No.3. (Marks - 10) What are the short

Q.No.2. (Marks - 10)

Define investment? Explain in detail the three elements of required rate of return.

Q.No.3. (Marks - 10)

What are the short comings of Capital Asset pricing model? Explain any one of Multiple factor asset pricing models.

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