CFA Practice Question

There are 119 practice questions for this study session.

CFA Practice Question

The APT differs from the CAPM because the APT ______.

I. places more emphasis on market risk
II. recognizes multiple systematic risk factors
III. recognizes multiple unsystematic risk factors
IV. minimizes the importance of diversification
A. II only
B. II and IV
C. I and III

User Contributed Comments 1

User Comment
broadex APT is CAPM plus other factors affecting systematic risks.
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