Both the CAPM and the APT assume that investors have heterogeneous beliefs.
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Q40: All possible portfolios lie on the CML.
Q41: Beta is a measure of systematic risk
Q42: Most analysts use the S&P/TSX Composite Index
Q43: Based on the evidence, the arbitrage pricing
Q44: Like the CAPM, the APT assumes borrowing
Q46: Risk is defined relative to a stock's
Q47: The market portfolio has a beta of
Q48: The Security Market Line is the graphical
Q49: What is the formula for the risk
Q50: Some securities are considered to be aggressive
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