What is the slope of the CML, and why can it be reviewed as the market price

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What is the slope of the CML, and why can it be reviewed as the market price of risk for efficient portfolios according to the CML?

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Introduction to Corporate Finance

ISBN: 978-1119171287

4th edition

Authors: Laurence Booth, Sean Cleary, Ian Rakita

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Question Posted: Nov 01, 2017 06:33 AM

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What is the slope of the CML, and why can it be reviewed as the market price

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The slope of the capital market line is the incremental expected return di...View the full answer

Introduction to Corporate Finance

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