Q58. Portfolios located to the right of the market portfolio on the capital market lime are: A. lending portfolios B. Low-risk portfolios. C. Borrowing portfolios. D. Equivalent to along position in both the risk-free asset and the market portfolio. 答案和详解如下:
Q58. C Study Session 12-54.c The only way as investor can achieve a portfolio to the market portfolio is to borrow at the risk- free rate and invest the proceeds is the market portfolio; 100% of the investor's wealth plus the borrowed funds are invested in the market portfolio.
|