A single-index model uses __________ as a proxy for the systematic risk factor.
A)a market index, such as the S&P 500
B)the current account deficit
C)the growth rate in GNP
D)the unemployment rate
E)none of the above

Name: A single-index model uses __________ as a proxy for the systematic risk factor. A)a market index, such as the S&P 500 B)the current account deficit C)the growth rate in GNP D)the unemployment rate E)none of the above
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The Answer is A

A Single-Index Model Uses __________ as a Proxy for the Systematic