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  3. Study Set
    Analysis of Investments
  4. Exam
    Exam 7: Multifactor Models of Risk and Return
  5. Question
    To Date, the Results of Empirical Tests of the Arbitrage
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To Date, the Results of Empirical Tests of the Arbitrage

Question 12

Question 12

Multiple Choice

To date, the results of empirical tests of the Arbitrage Pricing Model have been


A) clearly favourable.
B) clearly unfavourable.
C) mixed.
D) unavailable.
E) biased.

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