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1. What are at least two differences between the Capital Market Line (CML) and the Security Market Line (SML)? 2. List two criticisms of Markowitz:
1. What are at least two differences between the Capital Market Line (CML) and the Security Market Line (SML)?
2. List two criticisms of Markowitz:
3. List two problems with CAPM or tests of CAPM Theory:
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