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QUESTION 46 Fund A has no ability to generate positive CAPM alpha. Fund B has ability to generate positive CAPM alpha. None of the above

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QUESTION 46 Fund A has no ability to generate positive CAPM alpha. Fund B has ability to generate positive CAPM alpha. None of the above O Fund B will always make money every year O Fund A will not make money on average in the long term O Fund A may still make money on average if it invests in the market portfolio with zero alpha

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