Under the Separation Theorem,all Investors Should

Multiple Choice

Under the separation theorem,all investors should:

A) hold the same portfolio of risky assets and therefore have the same risk/return combination.
B) have different optimal portfolios.
C) have the same portfolio of risky assets and achieve their own risk-return combination through borrowing and lending.
D) hold the same portfolio of risky assets and the same expected return but at different levels of risk