WHICH OF BRIE'S ASSUMPTIONS UNDERLYING APT IS LEAST LIKELY CORRECT

1. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R48 INTRODUCTION TO MULTIFACTOR MODELS Q BANK
CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R48 INTRODUCTION TO MULTIFACTOR MODELS Q BANK

1. Which of Brie's assumptions underlying APT is least likely correct?

A. Assumption 1.

B. Assumption 2.

C. Assumption 3.