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1. There are two portfolios, A and B which have the same expected return and the same volatility. Both portfolios are located below the Capital
1. There are two portfolios, A and B which have the same expected return and the same volatility. Both portfolios are located below the Capital Market Line (CML) and only portfolio A is positioned on the Security Market Line (SML), whereas portfolio B is below this line. Should a person invest in either of these portfolios; other securities or portfolios or no and why
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