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Strongest evidence in support of the CAPM has come from demonstrating that Group of answer choices the market beta is equal to 1 . 0
Strongest evidence in support of the CAPM has come from demonstrating that
Group of answer choices
the market beta is equal to
nonsystematic risk has significant explanatory power in estimating security returns.
the average returnbeta relationship is highly significant.
the intercept in tests of the excess returnsbeta relationship is exactly zero.
professional investors do not generally outperform market indexes, demonstrating that the market is efficient.
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