Which of the Following Statements Is CORRECT?
A) the Slope $\sigma$

Multiple Choice

Which of the following statements is CORRECT?

A) The slope of the CML is (_M -r_RF) /b_M.
B) All portfolios that lie on the CML to the right of -M are inefficient.
C) All portfolios that lie on the CML to the left of -_M are inefficient.
D) The slope of the CML is (_M - r_RF) / $\sigma$ _M.
E) The Capital Market Line (CML) is a curved line that connects the risk-free rate and the market portfolio.