The Capital market Line The determination of the optimal combination if risky assets can be made without determining the shape of an inⅴ estor’ s indifference curve The reasoning behind the separation theorem(? A property of the linear efficient set. An important feature of CAPMThe Capital Market Line • The determination of the optimal combination if risky assets can be made without determining the shape of an investor’s indifference curve. • The reasoning behind the separation theorem (?) – A property of the linear efficient set. – An important feature of CAPM