Which one of the following assumptions of CAPM is rarely made explicit? a)Investorshaverationalexpectations. b)Investors have identical beliefs about the assets’ characteristics. c)Investor are price takers. d. Investors have one-period investment horizons.
Which one of the following assumptions of CAPM is rarely made explicit? a)Investorshaverationalexpectations. b)Investors have identical beliefs about the assets’ characteristics. c)Investor are price takers. d. Investors have one-period investment horizons.
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter5: Investment Decisions: Look Ahead And Reason Back
Section: Chapter Questions
Problem 2MC
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Which one of the following assumptions of CAPM is rarely made explicit?
a)Investorshaverationalexpectations.
b)Investors have identical beliefs about the assets’ characteristics.
c)Investor are price takers.
d. Investors have one-period investment horizons.
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