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According to the capital asset pricing model, _________. a. In market equilibrium ALL securities will have different security market line. b. overprice securities lie ABOVE
According to the capital asset pricing model, _________.
a. In market equilibrium ALL securities will have different security market line.
b. overprice securities lie ABOVE the security market line
c. underprice securities lie ABOVE the security market line
d. expected return of a stock depend on its UNsystematic risk
Please explain the answer. I think its c, but my classmates say its d.
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