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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 80

Question 80

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 been found.

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