Ultimate access to all questions.
Upgrade Now 🚀
Sign in to unlock AI tutor
The intercept on the y-axis of the security characteristic line (SCL) is best represented by:
A
The beta coefficient, which measures the slope of the SCL.
B
Jensen's alpha, which represents the intercept of the SCL.
C
The risk-free rate of return, which is the intercept on the y-axis of the security market line (SML).