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Question 22 10 points Which of the following statements is FALSE? In theory, the market portfolio includes all risky assets that are available to investors.

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Question 22 10 points Which of the following statements is FALSE? In theory, the market portfolio includes all risky assets that are available to investors. The beta of the market portfolio is 1. Beta measures the sensitivity of a security to systematic risk factors. p. If we assume that the market portfolio (or the S&P 500) is efficient, then changes in the value of the market portfolio represent systematic shocks to the economy. E. None of the above

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