15% Efficient Fron of All Risky Sec Market Portfolio -Efficient Portfolio IBM O GE 10% Capital Market Line OGM Disney McDonald's Expected Return Merck O Exxon Mobil Campbell Soup o Anheuser-Busch Edison International 5% Risk-Free Investment 0% 0% 5% 35% 10% 15% 20% 25% 30% Volatility (standard deviation) If CAPM holds and given the above picture, which of the following are true? The Beta on IBM is less than the beta on Campbell Soup The Beta on McDonalds is greater than the beta on Merck The Beta on Edison International is greater than the Beta on Exxon Mobil The Beta on Anheuser-Busch is greater than the beta on Campbell Soup