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    Analysis of Investments
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    Exam 9: Multifactor Models of Risk and Return
  5. Question
    To Date,the Results of Empirical Tests of the Arbitrage Pricing
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To Date,the Results of Empirical Tests of the Arbitrage Pricing

Question 13

Question 13

Multiple Choice

To date,the results of empirical tests of the Arbitrage Pricing Model have been


A) Clearly favorable.
B) Clearly unfavorable.
C) Mixed.
D) Unavailable.
E) Biased.

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