Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 1 of 5
A security characteristic line is ______
B. a graph of the required return on a security and its systematic risk.
C. the regression line between the excess return on a security and the excess return on the market portfolio.
A. the security market line when expressed in terms of the required return and standard deviation of a security or a portfolio.
B. a graph of the required return on a security and its systematic risk.
C. the regression line between the excess return on a security and the excess return on the market portfolio.
User Contributed Comments 0
You need to log in first to add your comment.
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe and demonstrate applications of the CAPM and the SML
CFA® 2025 Level I Curriculum, Volume 2, Module 2.