题目
题目

Dashboard Final Exam

单项选择题

Which statement(s) below about CAPM versus multiple-factor APT is/are correct? I. CAPM could be viewed as a special one-factor APT II. APT does not specify the sources of risks III. APT provides guidance about the number of factors IV. APT provides guidance about the magnitude of factor risk premium in equilibrium

选项
A.a. I, II, and III only
B.b. I and II only
C.c. I and III only
D.d. II and III only
E.e. All of I, II, III and IV
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思路分析
Here’s a structured walk-through of each option related to CAPM versus multiple-factor APT. Option a: 'I, II, and III only' This would claim that CAPM is a special one-factor APT (I) and that APT does not specify the sources of risks (II), and that APT provides guidance about the number of factors (III). While I and II are true, III is not correct because APT does not prescribe a specific number of factors in general; the mode......Login to view full explanation

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