Why, under the CAPM, do all investors hold identical risky portfolios?

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Investments Analysis and Management

ISBN: 978-1118363294

12th edition

Authors: Charles P. Jones

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Question Posted: Dec 15, 2015 06:12 AM

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Why, under the CAPM, do all investors hold identical risky portfolios?

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Under the CAPM all investors hold the market portfolio because ...View the full answer

Investments Analysis and Management

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