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Which of the following statements about the security market line is not true: O The market portfolio consists of all the risky assets in the

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Which of the following statements about the security market line is not true: O The market portfolio consists of all the risky assets in the universe. Securities that fall above the SML are undervalued O Securities that fall on the SML have no intrinsic value to the investor. The risk free rate defines where the SML intersects the Y-axis

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