Briefly explain the difference between the CAPM and the Arbitrage Pricing Theory (APT).

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Intermediate Financial Management

ISBN: 978-1111021573

10th Edition

Authors: Brigham, Daves

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Question Posted: Feb 02, 2012 05:56 AM

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Briefly explain the difference between the CAPM and the Arbitrage Pricing Theory (APT).

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The CAPM is a singlefactor model while the Arbitrage Pricing Theory APT can includ...View the full answer

Intermediate Financial Management

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