How can the apt be used in the security valuation process

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Reference no: EM13923957

• How can the APT be used in the security valuation process?

• How do you test the APT by examining anomalies found with the CAPM and why do some authors contend that the APT model is untestable?

• What are multifactor models and how are they related to the APT?

Reference no: EM13923957

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