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Which of the following statement is NOT correct? In an economy that has four risky assets and a risk-free asset, any portfolio on the mean-variance

Which of the following statement is NOT correct?

In an economy that has four risky assets and a risk-free asset, any portfolio on the mean-variance efficiency frontier is the best plausible portfolio

CAPM is an equilibrium model

Overpriced stocks should plot below the Security Market Line

If CAMP is true, the market portfolio is on the mean-variance efficiency frontier

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