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Which of the following is NOT a similarity between the Capital Asset Pricing Model and the Arbitrage Pricing Model?A . Both assume perfect markets.B .

Which of the following is NOT a similarity between the Capital Asset Pricing Model and the Arbitrage Pricing Model?A.Both assume perfect markets.B.Both models are linear in the risk factor(s).C.Both models assume that the same set of risk factor(s) affect the returns on all stocks.D.Both models rest on the assumption that the market portfolio is mean-variance efficient.

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