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    Exam 12: An Alternative View of Risk and Return: The Arbitrage Pricing Theory
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    The Single Factor APT Model That Resembles the Market Model
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The Single Factor APT Model That Resembles the Market Model

Question 30

Question 30

Multiple Choice

The single factor APT model that resembles the market model uses _________ as the single factor.


A) arbitrage fees
B) GNP
C) the inflation rate
D) the market return
E) the risk-free return

Correct Answer:

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