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Which one of these statements is true? The betas used in the CAPM must be greater than 1 but less than 2. By convention, the

Which one of these statements is true?

The betas used in the CAPM must be greater than 1 but less than 2.
By convention, the market is given a beta of zero.
There is zero chance of default on a U.S. Treasury bill.
A U.S. Treasury bill has a beta of zero.
The rate of return on a U.S. Treasury bill is used as the value of RM in the CAPM.

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