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Which of the following statements regarding the SML is most correct? a. The slope represents the reward to risk ratio, where risk is measured by
Which of the following statements regarding the SML is most correct? a. The slope represents the reward to risk ratio, where risk is measured by standard deviation. b. The SML represents the relationship between individual assets excess return and market access return. c. The slope has the same value as market risk premium. d. None of the other choices.
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