Business, 23.04.2020 00:47, lexipeacemaker

The SML helps determine the level of risk aversion among investors. The higher the level of risk aversion, the the slope of the SML. Which kind of stock is most affected by changes in risk aversion? (In other words, which stocks see the biggest change in their required returns?)

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The SML helps determine the level of risk aversion among investors. The higher the level of risk ave...