Question
Which of the following is NOT one of the assumptions of the CAPM? All investors are rational and have the same expectations about the relationship
Which of the following is NOT one of the assumptions of the CAPM?
| All investors are rational and have the same expectations about the relationship between risk and return for investment alternatives | ||
| Investors can borrow and lend at the risk-free rate of return | ||
| CAPM assumes no taxes or transaction costs | ||
| All of the above are assumptions of the CAPM |
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
14th Edition
1264101597, 9781264101597
