Question: Explain the difference between capital market line (CML) and the security market line (SML). B. Differentiate between the Sharp ratio (SR) from the Treynor ratio

Explain the difference between capital market line (CML) and the security market line (SML). B. Differentiate between the Sharp ratio (SR) from the Treynor ratio (TR) C. Differentiate private equity funds from hedge funds (4 marks) D. Every security has a primary market but not all securities have a secondary market. Critically evaluate this statement showing clearly what distinguishes primary markets from secondary markets.

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