Question: Question 3-(10 points) (a) (3 points) What is the CML? Include a graph in your answer. (b) (3 points) Do all individual assets plot below

Question 3-(10 points) (a) (3 points) What is the CML? Include a graph in your answer. (b) (3 points) Do all individual assets plot below the CML? Why or why not? Explain. (c) (4 points) "As we have the CAPM, we do not need portfolio theory." True or False. ur comic E
 Question 3-(10 points) (a) (3 points) What is the CML? Include

(10 points) (a) (3 points) What is the CML? Include a graph in your answer. (b) (3 points) Do all individual assets plot below the CML? Why or why not? (c) (4 points) "As we have the CAPM, we do not need portfolio theory." True or False. Explain

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