Question: 1) What are two potential tests that can be conducted to verify the CAPM? What are the results of such tests? What is Roll's critique
1) What are two potential tests that can be conducted to verify the CAPM? What are the results of such tests? What is Roll's critique of CAPM tests?
2) Briefly explain the difference between the CAPM and the Arbitrage Pricing Theory (APT).
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