Which of the foilowing statements is FALSE? C- lfwe increase the fraction invested in the efficient portfolio beyond 100%we are short seiling the riskfree investment. 0 As we increase the fraction invested in the e'icient portfolio. we increase our risk premium but not our risk proportionately. C- To earn the highest possibie expected return for any levei of volatility we must nd the portfolio that generates the steepest possible line when combined with the riskfree investment. C- Every investor shouid invest in the tangent portfolio independent of his or her taste for risk