With Regard to the OIP

Multiple Choice

With regard to the OIP,

A) the composition of the optimal international portfolio is identical for all investors,regardless of home country.
B) the composition of the optimal international portfolio are varies depending upon the numeraire currency used to measure returns.
C) the composition of the optimal international portfolio is identical for all investors,regardless of home country,if they hedge their risk with currency futures contracts.
D) the composition of the optimal international portfolio are varies depending upon the numeraire currency used to measure returns,and the composition of the optimal international portfolio is identical for all investors (regardless of home country) if they hedge their risk with currency futures contracts.