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Figure 1 The yellow curves in Figure 1 represent The yellow curve in Figure I represents the greatest level of utility that can be achieved by the investor. The purple square in Figure 1 represents The blue line in Figure 1 represents The green point in Figure 1 represents The orange point in Figure 1 represents The orange curves in Figure 2 belong to an investor with a degree of risk aversion A= whereas the blue curves in Figure 2 belong to an investor with a degree of risk aversion A= The blue curves in Figure 2 are for The optimat complete portfolio for the investor with orange curves in Figure 2 will be towards