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Consider the accompanying chart. The investment opportunity set of two assets, X & Y is represented by the curve {X, A, B, Y}. You have
Consider the accompanying chart. The "investment opportunity set" of two assets, "X" & "Y" is represented by the curve {X, A, B, Y}. You have three securities from which to build a portfolio. These are X, Y, and the "risk free" asset. What is Point (B) called? Explain its significance relative to the feasible portfolio combinations between point X and point Y
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