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The Capital Market Line (CML) specifies the efficient set of portfolios an investor can attain by combining a risk- free asset and the risky market
The Capital Market Line (CML) specifies the efficient set of portfolios an investor can attain by combining a risk- free asset and the risky market portfolio M. The CML states that the expected return on any efficient portfolio is equal to the riskless rate plus a risk premium, and thus describes a linear relationship between expected return and risk. Select one: O True O False
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