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    Exam 7: Capital Asset Pricing and Arbitrage Pricing Theory
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    The Expected Return on the Market Is the Risk-Free Rate
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The Expected Return on the Market Is the Risk-Free Rate

Question 66

Question 66

Multiple Choice

The expected return on the market is the risk-free rate plus the ________.


A) diversified returns
B) equilibrium risk premium
C) historical market return
D) unsystematic return

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