The Geographic Coverage of This Book Includes __________________

question 8

Multiple Choice

The geographic coverage of this book includes __________________.

• A) the Western Hemisphere
• B) only the contiguous forty-eight states
• C) only the U.S., Mexico, and the Caribbean
• D) the Americas from the Arctic to Mesoamerica

Examine how benchmark errors impact the interpretation of CAPM tests.

Assess the impact of market efficiency on the validity of CAPM.

Understand how survivorship bias and other biases affect CAPM and related studies.

Interpret the significance of macroeconomic factors in multifactor models for predicting security returns.