"There may be some truth in the CAPM, but my sister-in-law bought a stock last year that earned a 20% return, much higher than what was expected using the CAPM." Evaluate this criticism.

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The Answer of "There may be some truth in the CAPM, but my sister-in-law bought a stock last year that earned a 20% return, much higher than what was expected using the CAPM." Evaluate this criticism.

"There May Be Some Truth in the CAPM, but My