7 . A portfolio that is on the capital market line but to the left of the...
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7. A portfolio that is on the capital market line but to the left of the market portfolio (M) has the following characteristic: 3. a lending portfolio.
b. a borrowing portfolio. C. higher unsystematic risk than the market portfolio.
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Related Book For 
Fundamentals Of Investing
ISBN: 9780136117049
11th Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart
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