The Capital Allocation Line passes through the risk-free asset and portfolio C. Also available are portfolios A, the minimum-variance portfolio, and M, the tangency portfolio. Which of the following is certainly true? A risk-averse investor will prefer portfolio M to portfolio C. Portfolios M and C are identical. A risk-averse investor will prefer portfolio A to portfolio C. None of the other answers are correct. o Portfolios M and C have the same Sharpe ratio