Which of the following statements is FALSE?
A) The tangent portfolio is efficient and that, once we include the risk-free investment, all efficient portfolios are combinations of the risk-free investment and the tangent portfolio.
B) The optimal portfolio of risky investments depends on how conservative or aggressive the investor is.
C) By combining the efficient portfolio with the risk-free investment, an investor will earn the highest possible expected return for any level of volatility her or she is willing to bear.
D) The efficient portfolio is the tangent portfolio, the portfolio with the highest Sharpe ratio in the economy.
B
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Racial harassment:
A. has not been recognized by the courts as illegal. B. can only be committed through the actions of managers. C. is not actionable if the only harm is a hostile environment and there is no economic harm. D. is actionable if the only harm is a hostile environment.
Express terms are those terms which are actually stated by the parties to the contract
Indicate whether the statement is true or false