Multiple Choice
The capital market line:
A) and the characteristic line are two terms describing the same function.
B) intersects the feasible set at its midpoint.
C) has a vertical intercept at the risk-free rate of return.
D) has a horizontal intercept at the market beta.
E) lies tangent to the opportunity set at its minimum point.
Correct Answer:

Verified
Correct Answer:
Verified
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