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Relative to portfolios on the CML, any portfolio that plots above the CML is considered: A.inferior. B.inefficient. C.unachievable. ans is c pls say why
Answers (1)
Above CML means above the CML line If it is above line for same risk you get higher return . That means it is superior and more efficient So options a and b are out Such a portfolio is not possible because in a market for same risk you will not get higher return