The market model represents: a.A time-series version of the APM. b.An empirical analogue of the CML. c.A
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Question:
The market model represents:
a.A time-series version of the APM.
b.An empirical analogue of the CML.
c.A model that can be applied only to efficient assets.
d.An empirical analogue of the CAPM.
e.The expected return on the market portfolio.
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