Question: The arbitrage pricing model (APT) is a multi-risk factored asset pricing model that allows more than one risk factor to influence security prices. In term

The arbitrage pricing model (APT) is a multi-risk factored asset pricing model that allows more than one risk factor to influence security prices. In term of this statement, critically discuss the assumptions of the APT, its criticisms and its advantage over the CAPM. (In your answer provide a brief discussion on some of the common risk-factors used in APT).Subject is INVESTMENT

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