The Security Characteristic Line (SCL) is a plot of A the security's returns on the vertical axis
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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 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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