2. Which of the following is NOT a true statement? The Capital Market Line (CML)...

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2. Which of the following is NOT a true statement? The Capital Market Line (CML) represents combinations of the risk-free asset and the market portfolio of risky assets. It is desirable for a company to minimize its cost of capital. Investors should be rewarded for bearing unsystematic risk Sunk costs should be ignored in capital budgeting decisions. Financial break-even analysis involves setting the NPV equal to zero. AX BX C X D X E X

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