The capital market line (CML) is the set of all optimal investment portfolios for an investor. The
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The capital market line (CML) is the set of all optimal investment portfolios for an investor. The CML contains an important piece of investment advice: It tells us that every investor’s optimal investment portfolio should be a combination of the risk- free asset and the market portfolio.
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Related Book For 
Principles Of Finance With Excel
ISBN: 9780190296384
3rd Edition
Authors: Simon Benninga, Tal Mofkadi
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