Describe what you see on the figure on right. Explain what the three lines (black, yellow and dashed blue) represent.

Portfolio Risk and Return -Portfolio Opportunity Set - Linear(Capital Allocation Line (MV)) Linear(Capital Allocation Line (OR)) y = 0.3258x + 0.02 Expected return y = 0.321x + 202 1 0.00000 0.00 0.05 0.25 0.30 0.35 0.10 0.15 0.20 Standard Deviation Portfolio Risk and Return -Portfolio Opportunity Set - Linear(Capital Allocation Line (MV)) Linear(Capital Allocation Line (OR)) y = 0.3258x + 0.02 Expected return y = 0.321x + 202 1 0.00000 0.00 0.05 0.25 0.30 0.35 0.10 0.15 0.20 Standard Deviation