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The Existence of Riskless Lending and Borrowing at the Same

Question 8

Multiple Choice

The existence of riskless lending and borrowing at the same rate and homogeneous expectations means:


A) all investors hold the same portfolio of risky assets.
B) all investors will either borrow or lend.
C) all investors place at least some of their wealth in the riskless asset.
D) none of the above.

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