MC 1: If two fund separation holds, identify the correct statements for the optimal complete portfolio and the maximum Sharpe ratio portfolio (MSRP): 1. The two portfolios have the same Sharpe ratio. II. When y* equals 1, the two portfolios are identical. III. Risk aversion affects the MSRP but not the optimal complete portfolio. IV. The MSRP contains the risk-free asset. Select one: O a. I, II, and III. O b. I and II. O c. I, II, and IV. O d. All of the above. O e. I only