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All portfolios that are correctly priced according to CAPM lie on the Security Market Line ( SML ) and also lie on the Capital Market
All portfolios that are correctly priced according to CAPM lie on the Security Market Line SML and also lie on the Capital Market Line CML
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
