set. The reward-to-variability ratio of portfolio X is 0.18 and reward to variability ratio of portfolio Y is 0.14. Choose TRUE/FALSE for the following statements. A. Higher reward-to-variability ratio of portfolio Y implies that its capital allocation line has a lower slope than that for the capital allocation line for X. (4 points) (TRUE/FALSE) B. CAL will plot above CAL (4 points) (TRUE/FALSE) C. Combination of portfolio X and risk-free asset will provide higher expected return for any level of risk than combination of portfolio Y and risk-free asset. (2 points) (TRUE/FALSE)