Which of the following statements is not correct about the capital allocation line (CAL)?

Options:

	The capital allocation line using the market index portfolio as the risky asset is called the capital market line (CML).
	One can achieve the maximum possible return along the capital allocation line by investing 100% in the risky asset.
	It is a plot of risk-return combinations available by varying allocation between risky and risk-free assets.
	The slope of the capital allocation line is the Sharpe ratio.