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    Corporate Finance Study Set 4
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    Exam 12: An Alternative View of Risk and Return: the Arbitrage Pricing Theory
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    The Symbol "F<sub>I</sub>" Is Best Defined as The
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The Symbol "FI" Is Best Defined as The

Question 33

Question 33

Multiple Choice

The symbol "FI" is best defined as the:


A) indicated GNP value.
B) first and primary source of unexpected returns.
C) initial expected rate of return.
D) actual inflation rate minus the expected inflation rate.
E) surprise change in interest rates.

Correct Answer:

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