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Question
What does it mean when the CAPM is called "robust?"a. The CAPM requires no assumptions.
b. Even if most of the assumptions of the CAPM are relaxed, most of the
conclusions will still hold.
c. The CAPM is based on realistic assumptions.
d. No other model can represent stock returns better than the CAPM.
Answer
This answer is hidden. It contains 1 characters.
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