Examlex
An average 4-month-old has acquired which of the following skills?
APT
Arbitrage Pricing Theory, a multifactor model that describes the relationship between a financial asset's returns and its economic factors.
Market Portfolio
A theoretical bundle of investments that includes all types of assets available in the financial market, with each asset weighted according to its market capitalization.
No-Arbitrage Condition
A principle asserting that equivalent assets or combinations of assets should have the same price to prevent the possibility of risk-free profit through arbitrage.
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