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The capital market line: Multiple Choice and the characteristic line are two terms describing the same function. intersects the feasible set at its midpoint. has

The capital market line: Multiple Choice and the characteristic line are two terms describing the same function. intersects the feasible set at its midpoint. has a vertical intercept at the risk-free rate of return. has a horizontal intercept at the market beta. lies tangent to the opportunity set at its minimum point

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