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The security market line (SML) is a. The line that is tangent to the efficient frontier of all risky assets b. The line that represents
The security market line (SML) is
a. The line that is tangent to the efficient frontier of all risky assets
b. The line that represents expected return-beta relationship
c. The line that describes the expected return-volatility relationship for well diversified portfolio only
d. The line from the risk-free rate through the market portfolio and indicates the best attainable allocation line
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