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Prove these are true, using CML (Expected Return and Risk of the Market Portfolio). C - BrfO'M = = Ar} 2Brf+C (B Arp)2 UM WM

Prove these are true, using CML (Expected Return and Risk of the Market Portfolio).image text in transcribed

C - BrfO'M = = Ar} 2Brf+C (B Arp)2 UM WM = v-1(um -rfe) B Arf B Arf

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