Explain the meaning of each variable in the capital asset pricing model (CAPM) equation. What is the

Question:

Explain the meaning of each variable in the (CAPM) equation. What is the security market line (SML)?

Capital Asset Pricing Model
The Capital Asset Pricing Model (CAPM) describes the relationship between systematic risk and expected return for assets, particularly stocks. The CAPM is a model for pricing an individual security or portfolio. For individual securities, we make use of the security market line (SML) and its...