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(Solved): Use the following three statements to answer this question: 1. The Capital Market Line (CML) must a ...



Use the following three statements to answer this question: 1. The Capital Market Line (CML) must always be upward sloping, and it predicts required returns. II. The Capital Market Line (CML) is based on expected rates of return, so it is ex post. III. The Capital Market Line (CML) slope is the Sharpe ratio. 1, I1, and Ill are incorrect. • I is incorrect, Il and Ill are correct. I and Ill are correct and II is incorrect. 1, I1, and Ill are correct.



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