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The capital market line: A. assumes investors can borrow, but not lend, at the risk-free rate. B. depicts the highest rate of return for every
The capital market line:
A. assumes investors can borrow, but not lend, at the risk-free rate.
B. depicts the highest rate of return for every level of risk given only a single portfolio of risky assets.
C. intersects its graph at the origin and is linear in nature.
D. intersects the vertical axis at the risk-free rate.
E. intersects the risky portfolio at that portfolio's lowest risk point.
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