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[CFA level 1模拟真题]Version 2 Questions-Q58

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.

c

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c

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谢谢

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