18. (Appendix Question) How does the efficient set change when the condition of borrowing and lending at
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18. (Appendix Question) How does the efficient set change when the condition of borrowing and lending at the same riskfree rate is changed to borrowing at a rate greater than the rate at which riskfree lending can be conducted? Explain with words and graphs.
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Related Book For 
Investments
ISBN: 9788120321014
6th Edition
Authors: William F. Sharpe, Gordon J. Alexander, Jeffery V. Bailey
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