In the empirical study of a multifactor model by Chen, Roll, and Ross, a factor that did not appear to have significant explanatory power in explaining security returns was
A)the change in the expected rate of inflation.
B)the risk premium on corporate bonds.
C)the unexpected change in the rate of inflation.
D)industrial production.

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The Answer of In the empirical study of a multifactor model by Chen, Roll, and Ross, a factor that did not appear to have significant explanatory power in explaining security returns was
A)the change in the expected rate of inflation.
B)the risk premium on corporate bonds.
C)the unexpected change in the rate of inflation.
D)industrial production.

In the Empirical Study of a Multifactor Model by Chen