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The APT differs from the CAPM because the APT A) places more emphasis on market risk B) minimizes the importance of diversification C) recognizes multiple
The APT differs from the CAPM because the APT
A) places more emphasis on market risk
B) minimizes the importance of diversification
C) recognizes multiple unsystematic risk factors
D) recognizes multiple systematic risk factors
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
