Asset B has an expected return of 14% and a reward-to-variability ratio of .30. Asset C has an expected return of 12% and a reward-to-variability ratio of .36. A risk-averse investor would prefer a complete portfolio combining the risk-free asset with ______.

Question 1 options:

a)

Asset B

b)	Neither B or C

c)	The answer cannot be determined from the data given

d)	Either B or C

e)

Asset C