__________ argued in his famous critique that tests of the expected return/beta relationship are invalid and that it is doubtful that the CAPM can ever be tested.

Question

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Roll argued in his famous critique that tests of the expected return/beta relationship are invalid and that it is doubtful that the CAPM can ever be tested. The other options either did not criticize the CAPM or are not relevant to this question.

__________ Argued in His Famous Critique That Tests of the Expected