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Which of the following is TRUE? On the capital market line debt securities are located to the right of the market portfolio To construct a
Which of the following is TRUE?
On the capital market line debt securities are located to the right of the market portfolio | ||
To construct a capital market line, we use expected return as y-axis and beta as x-axis | ||
Market portfolio lays at an intersection of the average indifference curve of a risk-averse investor and the efficient portfolio | ||
To construct a security market line, we use expected return as y-axis and beta as x-axis |
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