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The tangency portfolio (P) is the point where the straight line is tangent to the curve. It is also the market portfolio. The market price

The tangency portfolio (P) is the point where the straight line is tangent to the curve. It is also the market portfolio. The market price of risk is the:

A. expected return on the minimum-variance portfolio.

B, point at which the straight line intersects the expected return axis.

C. slope of the line connecting T-bills and Portfolio P.

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