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    Exam 9: Asset Pricing Models
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    __________,The CML Can Be Downward Sloping
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__________,The CML Can Be Downward Sloping

Question 45

Question 45

Multiple Choice

__________,the CML can be downward sloping.


A) Ex post
B) When investors are risk-lovers
C) When the SML is upward sloping
D) When the risk premium for the market is very high

Correct Answer:

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