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    Investments Analysis and Management Study Set 2
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    Exam 9: Capital Market Theory and Asset Pricing Models
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    What Are the Assumptions in the CAPM? Can These Be
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What Are the Assumptions in the CAPM? Can These Be

Question 16

Question 16

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What are the assumptions in the CAPM? Can these be relaxed without destroying the conclusions of the model?

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(1) homogeneous expectations, (2) one-pe...

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