Exhibit 85
Use the Information Below for the Following Problem(S)

Multiple Choice

Exhibit 8.5
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c c } \text { Partiolio } & \text { Expected Return } & \text { Standard Devintion } \\\hline \text { A } & 9.8 \% & 14.0 \% \\\text { B } & 6.7 \% & 9.8 \% \\\text { C } & 11.2 \% & 18.5 \%\end{array}$$
-Refer to Exhibit 8.5.Which of the three portfolios are most likely to be the market portfolio?

A) Portfolio A
B) Portfolio B
C) Portfolio C
D) All of the portfolios are equally likely to be the market portfolio
E) There is insufficient information to differentiate between the three portfolios