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Basic Question 2 of 5

The drawback of the CAPM is that it:

A. Ignores the return on the market portfolio.
B. Requires a single measure of systematic risk.
C. Ignores risk-free return.

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Edward Liu

Edward Liu

Learning Outcome Statements

compare methods used to estimate the required return on equity;

CFA® 2025 Level II Curriculum, Volume 2, Module 18.