Question: The CAPM is not testable unless: Multiple Choice all individual assets are included in the moket prory. al individual assets are included in the market
The CAPM is not testable unless:
Multiple Choice
all individual assets are included in the moket prory.
al individual assets are included in the market proxy and the maket prory, and the true market portolio are highly negatively comelaned.
the market prony and the true market pontolio are highly negatively comelated.
the exact composition of the true market portolio is known and uted in the tents.
the exact composition of the true market portolio is known and uted in the tests, and all individual assets are included in the maket prony.
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