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The CAPM: A. explicitly adjusts for risk.B. applies to companies that do not pay dividends. C. applies to companies that have dividend growth that is

The CAPM: A. explicitly adjusts for risk.B. applies to companies that do not pay dividends.

C.

applies to companies that have dividend growth that is hard to estimate.

D.

explicitly adjusts for risk; and applies to companies that do not pay dividends only.

E.

explicitly adjusts for risk; applies to companies that do not pay dividends; and applies to companies that have dividend growth that is hard to estimate.

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