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yesure5294 yesure5294
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A month ago
The CAPM Model makes the following assumptions below EXCEPT

▸ assumes there are no transactional costs.

▸ assumes that all investors have different expectations about expected returns, and standard deviations for all traded securities.

▸ assumes there are no personal income taxes.

▸ assumes that all investors can borrow/lend at the risk-free rate.
Textbook 
Corporate Finance

Corporate Finance


Edition: 5th
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BAGrinderBAGrinder
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Brilliant
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this is exactly what I needed
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