AuthorTopic: CML
ckylwy
@2009-06-05 23:00:52		 When the CML is tangiant to efficient frontier line, the point is market portfolio.

but I dont know why on the left hand side, it means the investor is lending money but on the second hand side, it is borrowing money.

How can I tell from the graph?

CFA Discussion Topic: CML

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes