7) Which of the following statements are TRUE regarding a certainty equivalent rate of a given risky portfolio p: I. Certainty equivalent rate of portfolio p is the same for any mean-variance investors. II. A risky asset whose expected return equals the certainty equivalent rate of portfolio p is on the same indifference curve as p. III. Certainty equivalent rate describes the rate that a risk-free investment offers IV. A riskfree asset whose return equals the certainty equivalent rate of portfolio p is on the same indifference curve as p. A. I., II, III, and IV B. I and III only C. III and IV only D. II, III and IV only E. None of the above combinations are correct 7) Which of the following statements are TRUE regarding a certainty equivalent rate of a given risky portfolio p: I. Certainty equivalent rate of portfolio p is the same for any mean-variance investors. II. A risky asset whose expected return equals the certainty equivalent rate of portfolio p is on the same indifference curve as p. III. Certainty equivalent rate describes the rate that a risk-free investment offers IV. A riskfree asset whose return equals the certainty equivalent rate of portfolio p is on the same indifference curve as p. A. I., II, III, and IV B. I and III only C. III and IV only D. II, III and IV only E. None of the above combinations are correct