Reading 51: An Introduction to Asset Pricing Models - LOS style, white, market, includes

mayanfang1

Q6. In the context of the CML, the market portfolio includes:

A)   12-18 stocks needed to provide maximum diversification.

B)   the risk-free asset.

C)   all existing risky assets.

mayanfang1

答案和详解如下：

Q6. In the context of the CML, the market portfolio includes:

A)   12-18 stocks needed to provide maximum diversification.

B)   the risk-free asset.

C)   all existing risky assets.

Correct answer is C)

The market portfolio has to contain all the stocks, bonds, and risky assets in existence. Because this portfolio has all risky assets in it, it represents the ultimate or completely diversified portfolio.

duo1115

c

fange520

c

fange520

c

jacky_z

Thanks

lawrence82

 good....................

erpang8888

a

connie198226

thanks

ah149

thx