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Which is NOT the practical limitations of the CAPM? a.Proxy for a market portfolio b.Homogeneity in investor expectations c.Without considering capital gain tax d.Poor predictor
Which is NOT the practical limitations of the CAPM?
a.Proxy for a market portfolio
b.Homogeneity in investor expectations
c.Without considering capital gain tax
d.Poor predictor of returns
e.Estimation of beta
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