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The international captal asset pricing model (ICAPM) is an approach A) that can be applied only to domestic markets. B) used to determine the risk

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The international captal asset pricing model (ICAPM) is an approach A) that can be applied only to domestic markets. B) used to determine the risk premium for a risky investment from a globally diversified investor perspective C) used to determine the risk premium for a risky investment from a domestically diversified investor perspective. D) that should be used only in segmented markets E) None of the above

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