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rational people who believe in capital market theory know that if a purchased portfolio of stock is efficient then it should generate a rate of
rational people who believe in capital market theory know that if a purchased portfolio of stock is efficient then it should generate a rate of return
A. lies above the CML
B. lies on the CML
C. lies below the CML
D. that is equal to that of the standard deviation of the market
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
