According to Roll,the Only Testable Hypothesis Associated with the CAPM

question 33

Multiple Choice

According to Roll,the only testable hypothesis associated with the CAPM is

• A) the number of ex post mean-variance efficient portfolios.
• B) The exact composition of the market portfolio.
• C) whether the market portfolio is mean-variance efficient.
• D) the SML relationship.
• E) none of these.

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Definitions:

Serial Bonds

Serial bonds refer to a type of bond issue that is divided into several parts, each maturing at different intervals over a period of time, allowing the issuer to phase out the repayment over several years.