Use the following two statements to answer this question:
I.The characteristic line is a statistical approximation of the SML.
II.The SML ignores non-systematic risk of a security.
A)I and II are correct
B)I is correct, II is incorrect
C)I and II are incorrect
D)I is incorrect and II is correct

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The Answer of Use the following two statements to answer this question:
I.The characteristic line is a statistical approximation of the SML.
II.The SML ignores non-systematic risk of a security.
A)I and II are correct
B)I is correct, II is incorrect
C)I and II are incorrect
D)I is incorrect and II is correct

Use the Following Two Statements to Answer This Question