Business, 25.11.2020 14:00 josephrosanne18
The most significant conceptual difference between the arbitrage pricing theory (i. e. APT or factor model) and the capital asset pricing model (CAPM) is that APT .
a. places less emphasis on market risk
b. recognizes multiple unsystematic risk factors
c. recognizes only one systematic risk factor
d. recognizes multiple systematic risk factors
Answers: 1
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The most significant conceptual difference between the arbitrage pricing theory (i. e. APT or factor...
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