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Fully-diversified fairly-priced portfolios plot: a.Above the security market line (SML). b.Below the SML. c.Above the...

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Finance

Fully-diversified fairly-priced portfolios plot:

a.Above the security market line (SML).

b.Below the SML.

c.Above the capital market line (CML).

d.On the CML.

e.Below the CML.

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