Question $4$

CAPM predicts that alpha will have what value? $(3$ pts$)$

What does $$ represent? $(3$ pts$)$

Why do we optimize the mean$-$variance ratio? $(3$ pts$)$

What single factor is used by CAPM to determine expected return? $(3$ pts$)$

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$12$pt $vv$ Paragraph $vv|B{U}_{?}$