The capital asset pricing model assumes

A. all investors are rational.
B. all investors have the same holding period.
C. investors have heterogeneous expectations.
D. all investors are rational and have the same holding period.
E. all investors are rational, have the same holding period, and have heterogeneous expectations.


D. all investors are rational and have the same holding period.

The CAPM assumes that investors are rational price takers with the same single holding period and that they have homogeneous expectations.

Business

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Article I of the Constitution created the:

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