If investors do not know their investment horizons for certain / » Security Analysis and Investment Management solved MCQs / By admin Question: If investors do not know their investment horizons for certain A. the CAPM is no longer valid. B. the CAPM underlying assumptions are not violated. C. the implications of the CAPM are not violated as long as investors’ liquidity needs are not pric Answer» c. the implications of the CAPM are not violated as long as investors’ liquidity needs are not pric Note: The above multiple-choice question is for all general and Competitive Exams in India.