Question: A three-factor APT model would most likely include factors such as: form size, inflation, and GNP. PE ratio, price-to-book ratio, and firm size. GNP, interest
A three-factor APT model would most likely include factors such as: form size, inflation, and GNP. PE ratio, price-to-book ratio, and firm size. GNP, interest rates, and PE ratio. tax rates, inflation, and profit margin. inflation, GNP, and interest rates
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