The coefficient of the (Rm-Rf) factor in the CAPM model is the variance of the security's returns divided by the variance of the market's returns the variance ofDe security's returns divided by the covariance between the security and marke returns the covariance between the security and market returns divided by the standard deviation of the market's returns the covariance between the security and market returns divided by the variance of the market's returns Page 17 of Previous Page Next Page Dll F8 SD F9