
- UID
- 223416
- 帖子
- 286
- 主题
- 12
- 注册时间
- 2011-7-11
- 最后登录
- 2014-7-3
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The SML represents an individuals security's risk and return and only represents unsystematic risk. If your portfolio was comprised of 100% GM stock, you receive no benefits from diversification. Therefore, the SML would plot below the CML.
NO EXCUSES |
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