In the accompanying graph, point Y represents the

Name: In the accompanying graph, point Y represents the
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Question

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The point on the y-axis represents the rate of return for the risk-free asset, which is independent of the market portfolio. Points above the y-axis represent a risk premium for the market portfolio, while points below the y-axis represent a negative risk premium. However, point Y is on the y-axis, indicating that there is no risk premium involved and it is only the return for the risk-free asset.

In the Accompanying Graph, Point Y Represents the