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(10 points) (a) (3 points) What is the CML? Include a graph in your answer. (b) (3 points) Do all individual assets plot below the

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(10 points) (a) (3 points) What is the CML? Include a graph in your answer. (b) (3 points) Do all individual assets plot below the CML? Why or why not? (c) (4 points) "As we have the CAPM, we do not need portfolio theory." True or False. Explain

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