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Testing the CAPM Is Difficult,as Empirical Tests Have to Rely

question 2

Multiple Choice

Testing the CAPM is difficult,as empirical tests have to rely on __________ data,whereas the CAPM is an __________ model.

Definitions:

Deteriorate

To become progressively worse over time.

Colonists

Individuals who settle in a new country or area, often for the purpose of establishing a colony that maintains ties with the parent country.

British

Relating to Great Britain, its people, culture, and history, or pertaining to the United Kingdom as a whole.

Revolution

A fundamental change in political power, organizational structures, or society, often occurring in a relatively short period and sometimes accompanied by violence.