Assume the CAPM holds. There are 3 investors, A , B , and C , and 3
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Question:
Assume the CAPM holds. There are investors, A B and C and stocks, X Y and Z You observe that
A: holds $ of stock X and $ of stock Y;
B: holds $ of stock Y and $ of stock Z
C: holds $ of stock X
But you do not oberve As holding of Z Bs holding of X and Cs holding of Y and Z Based on your observations, you can conclude C holds $
of stock Z keep decimal places
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