How can the apt be used in the security valuation process


• 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?

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Risk Management: How can the apt be used in the security valuation process
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