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One of the problems with the CML, stems from the so called separation principle. What is the best solution to that problem? Select one: a.
One of the problems with the CML, stems from the so called separation principle. What is the best solution to that problem?
Select one:
a.
borrow at the t-bill rate
b.
borrow and lend at the t-bill rate
c.
short the t-bill
d.
lend at the t-bill rate
e.
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