Which of the following statements would be FALSE? I. Capital Market Line (CML) is the efficient frontier of risky assets II. CML represents the opportunity set of a passive investment strategy. III.CML has the one-month T-Bill rate as its intercept. IV. CML uses a broad index of common stocks as its risky portfolio. V. Capital Allocation Line (CAL) is a special case of CML I and V None of the above O I, III, and V O II, III, and IV