Question 14 1 pts Which of the following statements regarding the Capital Allocation Line (CAL) would be TRUE? 1. It is also called the efficient frontier of risky assets in the absence of a risk-free asset. II. Its slope is also called the reward-to-volatility ratio. ected return of the complete portfolio III. Its slope equals the increase in the per unit of additional standard deviation. IV. It consists of combinations of a risky asset and a risk-free asset, showing risk- return combinations. O II, III, and IV All of the above II and IV OT