Conceptual Questions-1 (10 points) Choose TRUE FALSE for the statements below from A to C. Make your selection clear and distinct, otherwise you will not get credit. Let an investor be considering two risky portfolios: and Y to construct a complete portfolio C with a risk-free asset. The reward-to-variability ratio of portfolio X is 0.18 and reward to variability ratio of portfolio Y is 0.14. Choose TRUE/FALSE for the following statements. A. Higher reward-to-variability ratio of portfolio Y implies that its capital allocation line has a lower slope than that for the capital allocation line for X. (4 points) (TRUE/FALSE) (4 points) B. CAL, will plot above CAL, (TRUE/FALSE) C. Combination of portfolio X and risk-free asset will provide higher expected return for any level of risk than combination of portfolio Y and risk-free asset. (2 points) (TRUE/FALSE) 1 Focus English (United States) X W