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. Now assume rRF remains at 9% but rM (1) increases to 16% or (2) falls to 13%. The

. Now assume rRF remains at 9% but rM (1) increases to 16% or (2) falls to 13%. The

. Now assume rRF remains at 9% but rM (1) increases to 16% or (2) falls to 13%. The slope of the SML does not remain constant. How would these changes affect ri?

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