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The Capital Allocation Line can be described as the : a) investment opportunity set formed with two risky assets. b) investment opportunity set formed with

The Capital Allocation Line can be described as the :

a) investment opportunity set formed with two risky assets.

b) investment opportunity set formed with a risky asset portfolio and a risk-free asset.

c) line on which lie all portfolios that offer the same utility to a particular investor.

d) investment opportunity set formed with multiple risky assets.

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