Question: Question 4 The difference between security market line ( SML ) and capital market line ( CML ) is that SML can be used only

Question 4
The difference between security market line (SML) and capital market line (CML) is
that SML can be used only for portfolios while CML can be used for portfolios as well as
individual securities
that SML can be used for portfolios as well as individual securities while CML can be used for
portfolios only.
both can be used for individual securities and portfolios
None of the above.
 Question 4 The difference between security market line (SML) and capital

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