Which of the following statements is FALSE? ca In theory, the market portfolio includes all...

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Which of the following statements is FALSE? ca In theory, the market portfolio includes all risky assets that are available to investors. 1 a. Based on the CAPM the beta of the market portfolio is 1. Beta measures the sensitivity of a security to systematic risk factors oo. I wassume that the market portfolio (e. . S&P 500) * efficient, then changes in the value of the market portfolio represent systematic shocks to the economy De Nont of the above

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