Choose TRUE/FALSE for the following statements. A. Lower reward-to-variability ratio of portfolio Y implies that its capital allocation line is steeper than that of X. (4 points) (TRUE/FALSE) B. CAL x will plot above CAL y. (4 points) (TRUE/FALSE) 1 c. Combination of portfolio Y and risk-free asset will provide lower expected return for any level of risk than combination of portfolio X and risk-free asset. (2 points) (TRUE/FALSE) Choose TRUE/FALSE for the following statements. A. Lower reward-to-variability ratio of portfolio Y implies that its capital allocation line is steeper than that of X. (4 points) (TRUE/FALSE) B. CAL x will plot above CAL y. (4 points) (TRUE/FALSE) 1 c. Combination of portfolio Y and risk-free asset will provide lower expected return for any level of risk than combination of portfolio X and risk-free asset. (2 points) (TRUE/FALSE)