Question: According to Roll, the only testable hypothesis associated with the CAPM is:Group of answer choicesthe number of ex-post mean-variance efficient portfolios.the exact composition of the
According to Roll, the only testable hypothesis associated with the CAPM is:Group of answer choicesthe number of ex-post mean-variance efficient portfolios.the exact composition of the market portfolio.whether the market portfolio is mean-variance efficient.the SML relationship.None of the options are correct
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