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    Exam 11: Factor Models and the Arbitrage Pricing Theory
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    In the Equation R = + U,the Three Symbols
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In the Equation R = + U,the Three Symbols

Question 3

Question 3

Multiple Choice

In the equation R = In the equation R =   + U,the three symbols stand for: A) average return,expected return,and unexpected return. B) required return,expected return,and unbiased return. C) actual total return,expected return,and unexpected return. D) required return,expected return,and unbiased risk. E) risk,expected return,and unsystematic risk. + U,the three symbols stand for:


A) average return,expected return,and unexpected return.
B) required return,expected return,and unbiased return.
C) actual total return,expected return,and unexpected return.
D) required return,expected return,and unbiased risk.
E) risk,expected return,and unsystematic risk.

Correct Answer:

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