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4. Which of the following statement is not true? A. An underpriced security will plot above the security market line, B. The CML is the

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4. Which of the following statement is not true? A. An underpriced security will plot above the security market line, B. The CML is the best attainable capital allocation line C. The estimate of asset beta is graphically represented by the slope of the security characteristic line. D. The expected return-beta relationship of the CAPM is graphically represented by the security- market line E. The market portfolio is represented by the tangency point between the capital market line and the indifference curve

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