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Which of the following is not a prediction of the Capital Asset Pricing Model? a. All investors invest only in the market portfolio and the
Which of the following is not a prediction of the Capital Asset Pricing Model? a. All investors invest only in the market portfolio and the risk free asset b. All securities earn an expected return that depends on their level of non-systematic risk c. All alphas should be zero d. All securities should lie on the Security Market Line
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