Question: The security market line ( SML ) is a . the relationship between a security ' s return and the contemporaneous return on an index.

The security market line (SML) is
a. the relationship between a security's return and the contemporaneous return on an index.
b. a security's expected return as a function of its systematic risk.
c. a security's beta as a function of its variance.
d. the market portfolio as the optimal portfolio of securities.
The security market line ( SML ) is a . the

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