Consider the Sharpe and Treynor performance measures. When y…

Consider the Sharpe and Treynor performance measures. When you have made the decision that you want to spread your money across 15 different managers, the __________ measure is better for evaluating individual managers while the __________ measure is better for evaluation if you have decided to put all your money with one manager. 

The optimal risky portfolio can be identified by finding ___…

The optimal risky portfolio can be identified by finding ____________.I. the minimum variance point on the efficient frontierII. the maximum return security  III. the tangency point of the capital market line and the efficient frontierIV. the line with the steepest slope that connects the risk free rate to the efficient frontier