NO.PZ2018070201000077
问题如下:
Which of the following is the optimal portfolio for a individual investor according to the capital market theory?
选项:
A.the combination of a risk-free asset and a risky asset with the highest expected return.
B.the combination of a risk-free asset and a risky asset with the highest indifference curve.
C.the combination of a risk-free asset and a risky asset with the highest capital allocation line slope.
解释:
B is correct.
Individuals' optimal portfolios is determined by different indifference curves, which delivers the highest utility. So CAL is tangent to the individual investor’s highest possible indifference curve.
老师你好!能不能再具体说说CAL, CML, SML几条线之间的区别啊?谢谢!