According to the single index model, the factor that drives the returns of all assets is: Money. Theinterestrate. The market. Thefirm’sbook-to-value.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 12MC: Which of the following does nor assign a value to a business opportunity using time-value...
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According to the single index model, the factor that drives the returns of all assets is:

  1. Money.

  2. Theinterestrate.

  3. The market.

  4. Thefirm’sbook-to-value.

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