49. In the APT model, what is the nonsystematic standard deviation of an equally-weighted portfolio that has an average value of s(ei) equal to 25% and 50 securities?
A. 12.5%
B. 625%
C. 0.5%
D. 3.54%
E. 14.59%
49. In the APT model, what is the nonsystematic standard deviation of an equally-weighted portfolio that has an average value of s(ei) equal to 25% and 50 securities?
A. 12.5%
B. 625%
C. 0.5%
D. 3.54%
E. 14.59%