Like CAPM,APT does not assume a single period investment horizon,no taxes,borrowing and lending at the RF rate,and investors selecting portfolios based on expected return and variance.

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The Answer of Like CAPM,APT does not assume a single period investment horizon,no taxes,borrowing and lending at the RF rate,and investors selecting portfolios based on expected return and variance.

Like CAPM,APT Does Not Assume a Single Period Investment Horizon,no