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The Arbitrage Pricing Theory: A . Requires that investors are risk averse B . Recognises at least three risk factors as important for the pricing
The Arbitrage Pricing Theory:
A
Requires that investors are risk averse
B
Recognises at least three risk factors as important for the pricing of assets
C
Is a special case of the CAPM
D
Requires that returns are normally distributed
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Personal Finance An Integrated Planning Approach
Authors: Ralph R Frasca
8th edition
136063039, 978-0136063032
