Which statement is$($are$)$ true regarding the market portfolio?

I. It includes all publicly traded financial assets.

II$.$ It lies on the efficient frontier.

III. All securities in the market portfollo are held in proportion to their market values.

IV$.$ It is the tangency point between the capital market line and the indifference curve.

Multiple Choice

IV only

III only

II only

I, II$,$ and iii

Prey

$17$ of $25$