Question: Why the correct answer is B, but not A? When portfolio is more risky, it should move to the right, since it represents for a

Why the correct answer is B, but not A? When portfolio is more risky, it should move to the right, since it represents for a bigger standard deviation.

Adding additional risky assets to the investment opportunity set will generally move the efficient frontier _____ and to the ______.

A.

up; right

B.

up; left

C.

down; right

D.

down; left

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