The SML Is Valid for ________, and the CML Is

question 76

Multiple Choice

The SML is valid for ________, and the CML is valid for ________.

• A) only individual assets; well-diversified portfolios only
• B) only well-diversified portfolios; only individual assets
• C) both well-diversified portfolios and individual assets; both well-diversified portfolios and individual assets
• D) both well-diversified portfolios and individual assets; well-diversified portfolios only

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Definitions:

Positivist Theories

A set of theories in sociology and criminology that employ empirical evidence to understand and explain social phenomena.

Deviance

Behaviors or actions that violate societal norms or expectations, leading to social disapproval.

Cultural Goal

The shared aspirations, values, or desired outcomes that are significant within a given culture or social group.

Legitimate Means

Lawful, socially acceptable ways of achieving goals, as opposed to illegal or unethical methods.