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When the market risk premium decreases whilst the risk free rate remains unchanged then the SML should: remain parallel to the original SML but shipped
When the market risk premium decreases whilst the risk free rate remains unchanged then the SML should: remain parallel to the original SML but shipped upwards. Remain parallel to the original SML but shipped downwards. Rotate downwards. Rotate upwards
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Finance Accumulation And Monetary Power
Authors: Daniel Woodley
1st Edition
0367338556, 978-0367338558
