Example 2:CML and SML Using the properties of the capital market line(CML) and the security market line(SML),determine which of the following scenarios are consistent or inconsistent with the CAPM.Explain your answers. Let A and B denote arbitrary securities while F and M represent the riskless asset and the market portfolio respectively. 2010/Yichuan Liu 名Example 2: CML and SML Using the properties properties of the capital capital market line (CML) and the security market line (SML), determine which of the following scenarios are consistent or inconsistent with the CAPM. Explain your answers. Let A and B denote arbitrary securities while F and M represent the ri ksless asset and the mark t e portfolio respectively. 2010 / Yichuan Liu 12