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The security market line can be defined as: Rm+(RmRf) Rf+(RfRm)Rm+(RfRm)Rf+(Rm+Rf) Rf+(RmRf)

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The security market line can be defined as: Rm+(RmRf) Rf+(RfRm)Rm+(RfRm)Rf+(Rm+Rf) Rf+(RmRf)

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