Question: This is a true / false question, please explain the reason. Question 4: Assume that you can borrow and lend at a riskless rate of
This is a true / false question, please explain the reason.

Question 4: Assume that you can borrow and lend at a riskless rate of 5% and that the tangency portfolio of risky assets has an expected return of 13% and a standard deviation of return of 16%. The highest level of expected return that can be obtained if you are willing to take on a standard deviation of returns that is at most equal to 24% is 15%
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