What is the answer to this please:

Using the S&P 500 portfolio as a proxy of the

market portfolio

Select one:

A. is appropriate because U.

represent more than 60%

equities.

B. is appropriate because most U.S. investors are primarily intereste

C. is appropriate because most U.S. and non-U.S. investors are prim

securities.

D. is inappropriate because U.S. securities make up less than 40% o

E. is inappropriate because the average U.S. investor has less than

U.S. equities