14. B is correct. Wiley incorrectly states the fundamental factor model. In a fundamental factor
model, the factors are attributes of stocks or companies such as the book-value-to-price ratio,
market capitalization, the price-to-earnings ratio, and financial leverage. Section 4.1. LO.d.
Bạn đang xem 14. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R48 INTRODUCTION TO MULTIFACTOR MODELS Q BANK