. Write out the equation for the Capital Market Line (CML), and draw it on the graph. Interpret the plotted CML. Now add a set of indifference curves and illustrate how an investor’s optimal portfolio...


. Write out the equation for the Capital Market Line
(CML), and draw it on the graph. Interpret the
plotted CML. Now add a set of indifference curves
and illustrate how an investor’s optimal portfolio
is some combination of the risky portfolio and the
risk-free asset. What is the composition of the risky
portfolio?



Jun 03, 2022
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