14. Indicate why you agree or disagree with the following statement: Because it is difficult to determine

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14. Indicate why you agree or disagree with the following statement:

“Because it is difficult to determine an investor’s utility function, Markowitz portfolio theory cannot be employed in practice to construct a Markowitz efficient portfolio.”

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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