Question: 18. (Appendix Question) How does the efficient set change when the condition of borrowing and lending at the same riskfree rate is changed to borrowing

18. (Appendix Question) How does the efficient set change when the condition of borrowing and lending at the same riskfree rate is changed to borrowing at a rate greater than the rate at which riskfree lending can be conducted? Explain with words and graphs.

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