Part 1 Attempt 1/5 for 2 pts. Which of the following statements are true about passive vs active investment strategies? Check all that apply: The capital market line is the capital allocation line that represents an active investment strategy The capital market line represents the investment opportunity set of a passive investment strategy An investment strategy that avoids any security analysis is called a passive strategy A passive strategy is an investment in a stock fund that matches a broad market index and an investment in T-bills. A passive strategy is an investment in a portfolio with a reward-to-volatility ratio of 1. Submit Part 2 - Attempt 1/5 for 2 pts. Which of the following statements are true about the costs and benefits of active and passive portfolio strategies? Check all that apply: Passive portfolio strategies are usually less expensive than active strategies. Active investors free ride on the activities of passive investors. Active portfolio strategies are usually less expensive than passive strategies. Passive investors free ride on the activities of active investors. Active strategies include only T-bills and other types of money market funds