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35. The security characteristic line is A) the trend line representing the security's tendency to advance or decline in the market over some period of
35. The security characteristic line is A) the trend line representing the security's tendency to advance or decline in the market over some period of time B) the "best fit" line representing the regression of the security's excess returns on market excess returns over some period of time C) another term for the capital allocation line representing the set of complete portfolios that can be constructed by combining the security with T-bill holdings D) None of the above answers is correct
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