Question: Question 1 (Total: 10 marks) Compare between Capital Asset Pricing Model (CAPM) and arbitrage pricing theory (APT) model used in a portfolio construction. In addition,

 Question 1 (Total: 10 marks) Compare between Capital Asset Pricing Model

Question 1 (Total: 10 marks) Compare between Capital Asset Pricing Model (CAPM) and arbitrage pricing theory (APT) model used in a portfolio construction. In addition, discuss a limitation of each of the models above. a

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