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Which of the following best describes the Arbitrage Pricing Theory? a. The theory states that the price of a security is determined by the underlying

Which of the following best describes the Arbitrage Pricing Theory? a. The theory states that the price of a security is determined by the underlying assets it holds b. The theory that states that the price of a security will always move in the opposite direction of the market c. The theory that states that the price of a security will adjust to ensure that there is no opportunity for risk-free profit through buying

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