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What is capital market line cml explain the steps to obtain

Question 1. Concepts of CAPM

Part 1.

What are the major applications of CAPM? Explain the financial management situations where CAPM can be used and applied. Provide your answers with examples.

Part 2.

What is Capital Market Line (CML)? Explain the steps to obtain the Capital Market Line (CML). Also, explain the concept of “Separation Property” in obtaining the Capital Market Line (CML).

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