Question: The Security Characteristic Line (SCL) is a plot of A the security's returns on the vertical axis and the market index's returns on the horizontal

The Security Characteristic Line (SCL) is a plot of

A the security's returns on the vertical axis and the market index's returns on the horizontal axis.

B the market index's returns on the vertical axis and the security's returns on the horizontal axis.

C the market index's excess returns on the vertical axis and the security's excess returns on the horizontal axis.

D the security's excess returns on the vertical axis and the market index's excess returns on the horizontal axis.

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