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How do you calculate a portfolio beta? What is the security market line (SML)? Why must all assets plot directly on the SML on a
How do you calculate a portfolio beta? What is the security market line (SML)? Why must all assets plot directly on the SML on a well-functioning market? What is the Capital Asset Pricing Model (CAPM)? What does it tell us about the required return on a risky investment? if an investment is recommended to be purchased, would it plot above or below the SML
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