Exhibit 85
Use the Information Below for the Following Problem(S)

question 102

Multiple Choice

Exhibit 8.5
Use the Information Below for the Following Problem(S)
$$\begin{array} { c c c } \text { Partiolio } & \text { Expected Return } & \text { Standard Devintion } \\\hline \text { A } & 9.8 \% & 14.0 \% \\\text { B } & 6.7 \% & 9.8 \% \\\text { C } & 11.2 \% & 18.5 \%\end{array}$$
-Refer to Exhibit 8.5.Which of the three portfolios are most likely to be the market portfolio?

• A) Portfolio A
• B) Portfolio B
• C) Portfolio C
• D) All of the portfolios are equally likely to be the market portfolio
• E) There is insufficient information to differentiate between the three portfolios

---

Definitions:

Tablets

Portable computing devices featuring a touchscreen interface, which are smaller than laptops but larger than smartphones, used for a variety of tasks.

Professional Angels

Experienced entrepreneurs or business professionals who invest in and mentor startups or early-stage companies.

Paid Advisers

Professionals or experts who offer their knowledge and guidance in a specific field for a fee, assisting businesses or individuals in making informed decisions.

Lawyers

Legal professionals who advise and represent individuals, businesses, and government agencies on legal issues and disputes.