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    Exam 10: Arbitrage Pricing Theory and Multifactor Models of Risk and Return
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    ___________ a Relationship Between Expected Return and Risk
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___________ a Relationship Between Expected Return and Risk

Question 15

Question 15

Multiple Choice

___________ a relationship between expected return and risk.


A) APT stipulates
B) CAPM stipulates
C) Both CAPM and APT stipulate
D) Neither CAPM nor APT stipulate
E) No pricing model has found

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