4.Assume you can lend and borrow at 5% and have $20,000 in income in each of two...

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4.Assume you can lend and borrow at 5% and have $20,000 in income in each of two periods. Further assume you have current wealth of $50,000. What is your opportu-

nity set?

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Modern Portfolio Theory And Investment Analysis

ISBN: 9780471007432

5th Edition

Authors: Edwin J. Elton, Martin Jay Gruber

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