Multiple Choice
What is the difference between the security market line (SML) and the capital market line (CML) ?
A) SML prices total risk where CML prices non-systematic risk
B) SML prices systematic risk where CML prices total risk
C) SML prices total risk where CML prices systematic risk
D) SML prices systematic risk where CML prices non-systematic risk
Correct Answer:

Verified
Correct Answer:
Verified
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