Expected return 24 12 14 16 6 8 10 Standard deviation Shown in the graph is the set of all possible portfolios of two risky assets. You also have access to the risk-free asset, and the risk-free rate is 5%. I ask you to form the best possible portfolio with standard deviation 8%. This portfolio will be: (A) Everything in the tangency portfolio (B) Long the tangency portfolio, long the risk-free asset (C) Long the tangency portfolio, short the risk-free asset (D) Short the tangency portfolio, long the risk-free asset (E) Short the tangency portfolio, short the risk-free asset. Expected return 24 12 14 16 6 8 10 Standard deviation Shown in the graph is the set of all possible portfolios of two risky assets. You also have access to the risk-free asset, and the risk-free rate is 5%. I ask you to form the best possible portfolio with standard deviation 8%. This portfolio will be: (A) Everything in the tangency portfolio (B) Long the tangency portfolio, long the risk-free asset (C) Long the tangency portfolio, short the risk-free asset (D) Short the tangency portfolio, long the risk-free asset (E) Short the tangency portfolio, short the risk-free asset