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Suechen · 2020年06月16日

问一道题：NO.PZ2018070201000077 [ CFA I ]

  1. CFA I
  2. Portfolio

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.

和没太理解答案的意思，为什么是free risk asset和risky asset的组合呢

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1 个答案

丹丹_品职答疑助手 · 2020年06月18日

嗨，爱思考的PZer你好：


同学你好，这部分要建议查看下A Risk-Free Asset and Many Risky Assets知识点

相关部分有表述

cal曲线是连接无风险资产和最优资产组合的一条线，不同投资者最优的投资组合是无风险曲线与cal的切点


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