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Question 21 1 pts The arbitrage pricing theory (APT) O considers only one factor and is a narrower model than the CAPM. O considers more
Question 21 1 pts The arbitrage pricing theory (APT) O considers only one factor and is a narrower model than the CAPM. O considers more factors than the CAPM and is a broader model. is useful only for well-diversified portfolios of common stock. is easy to implement because the factors are readily observable. Question 22 1 pts A security that plots above the SML would be a good security to sell short. O True O False
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