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Which Statement Is Incorrect

Question 19

Multiple Choice

Which statement is incorrect?


A) The RF is the intercept for the SML.
B) The SML prices the relationship between expected return and risk for individual securities only and cannot price efficient portfolios.
C) In equilibrium the correctly priced assets will lie on the SML.
D) The beta for a stock is the independent variable for the SML and not its slope.

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