The ____________ provides an unequivocal statement on the expected return-beta relationship for all assets, whereas the _____________ implies that this relationship holds for all but perhaps a small number of securities.
A. APT; CAPM
B. APT; OPM
C. CAPM; APT
D. CAPM; OPM
C. CAPM; APT
The CAPM is an asset-pricing model based on the risk/return relationship of all assets. The APT implies that this relationship holds for all well-diversified portfolios, and for all but perhaps a few individual securities.
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Indicate whether the statement is true or false
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