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A stock with an actual return that lies above the security market line has ?? more systematic risk than the overall market. more risk than
A stock with an actual return that lies above the security market line has ??
more systematic risk than the overall market. | ||
more risk than that warranted by CAPM. | ||
a lower return than expected for the level of risk assumed. | ||
less systematic risk than the overall market. | ||
a return equivalent to the level of risk assumed. |
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