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Question9 1 pts Which of the following statements about the difference between the SML and the CML is true? O The intercept of the CML
Question9 1 pts Which of the following statements about the difference between the SML and the CML is true? O The intercept of the CML is the origin, whereas the intercept of the SML is RF. O The CML applies to efficient portfolios, whereas the SML applies to all portfolios or securities. O The CML can be downward sloping, whereas that is impossible for the SML. O The CML and the SML are essentially the same except for the price of risk. Question 10 1 pts The separation theorem states that: O systematic risk is separate from unsystematic risk. individual security risk is separate from portfolio risk. O the investment decision is separate from the financing decision. O the borrowing portfolio is separate from the lending portfolio
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