Question: Answer this question based on the following efficient frontier. ER B A Efficient Frontier D Standard Deviation 1 Portfolio C is the tangency portfolio because

Answer this question based on the following

Answer this question based on the following efficient frontier. ER B A Efficient Frontier D Standard Deviation 1 Portfolio C is the tangency portfolio because it has the lowest standard deviation 2. Portfolio D is not chosen by risk averse investors 3. Portfolio B is attainable because it has the highest ER a. Only 1 is correct. b. Only 2 is correct. COnly 3 is correct d. Both 1 and 3 are correct Both 1 and 2 are correct

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