Portfolios that lie on the portion of the efficient frontier below the minimum-variance portfolio ___________________.
A) add nothing to the investment opportunity set
B) are sometimes useful in implementing sophisticated hedging techniques
C) represent opportunities for arbitrage
D) None of the above answers is correct
Answer: A
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.