Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 0 of 11
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 am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
describe the basic features of derivative markets, and contrast over-the-counter and exchange-traded derivative markets
CFA® 2025 Level I Curriculum, Volume 5, Module 1.