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Please show or explain how you got the answers All of the following statements describe the significance of the Capital Market Line (CML) in the

Please show or explain how you got the answers

All of the following statements describe the significance of the Capital Market Line (CML) in the CAPM except:

Select one:

a. the vertical intercept represents the market rate of return

b. it represents the efficient set

c. all investors will hold a portfolio lying on the CML

d. an investor's portfolio will be composed of the market portfolio combined with risk free borrowing or investing

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