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    Exam 12: Estimating the Cost of Capital
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    In Practice Which Market Index Is Most Widely Used as a Proxy
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In Practice Which Market Index Is Most Widely Used as a Proxy

Question 69

Question 69

Multiple Choice

In practice which market index is most widely used as a proxy for the market portfolio in the CAPM?


A) Dow Jones Industrial Average
B) Wilshire 5000
C) S&P 500
D) U.S.Treasury Bill

Correct Answer:

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