Question 10 (1 point) Listen > Which of the following statements are true? 1. On the investment opportunity set, an investor may choose to invest in a portfolio with an expected return that is less than the expected return of the minimum variance portfolio. ii. The tangent portfolio depends on investors' risk preferences. ill. The market portfolio has the highest Sharpe ratio but is not an efficient portfolio iv. By combining the tangent portfolio with the risk-free asset, an investor will earn the highest possible expected return for any level of risk (standard deviation) he or she is willing to bear. Oi, li, and in il and lii None of the above 1 and iv Oil, ili, and iv Rele | Sheshin Rossud pels