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    Corporate Finance Study Set 11
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    Exam 11: Factor Models and the Arbitrage Pricing Theory
  5. Question
    What Does the APT Assume About Trading Costs? and Why
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What Does the APT Assume About Trading Costs? and Why

Question 41

Question 41

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What does the APT assume about trading costs? And why does that matter?

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A key assumption for the APT to work is ...

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