value: 1.00 points Evaluating the CAPM Which of the following statements about the CAPM are valid? I. As a theory the CAPM is not testable Il. The practicality of the CAPM is testable Il. CAPM betas are not as useful at predicting returns as the Fama-French factors IV. Even if the CAPM is false, markets can still be efficient O I, Il and IlI only O I, I1, 11,IV O II, Ill and IV only Il and Ill only