Individual securities do not plot on the CML, entire portfolios plot on the CML. The same applies for the efficient frontier. The CML is a straight line because you can lend and borrow to create an optimal portfolio whereas you cannot on the efficient frontier.
Edited 1 time(s). Last edit at Friday, June 5, 2009 at 10:51AM by Chuckrox8. |
发表于 2011-7-11 19:48
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