A portfolio manager identifies the efficient frontier by first establishing estimates for asset expected returns and the

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A portfolio manager identifies the efficient frontier by first establishing estimates for asset expected returns and the covariance matrix. This input list is then fed into an optimization program that produces as outputs the investment proportions, expected returns, and standard deviations of the portfolios on the efficient frontier.

 P-968

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ISE Investments

ISBN: 9781266085963

13th International Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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