The market is efficient and securities are priced fairly

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Which one of the following will be constant for all securities if the market is efficient and securities are priced fairly? (Hint: Consider the Security Market Line and what the relationship should be between individual securities and the Security Market Line if everything is correctly priced.)

beta

expected return

risk premium-to-systematic risk ratio

risk premium-to-total risk ratio

standard deviation

Reference no: EM131517579

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