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Which of the Following Is an Implication of the CAPM

Question 23

Multiple Choice

Which of the following is an implication of the CAPM?


A) A security with a beta of 0 has an expected return of 0.
B) Investors are not compensated for bearing diversifiable risk.
C) The risk-return relationship is nonlinear.
D) There are two risk factors that drive asset returns.

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