b. Calculate the market portfolio M when the risk- free rate of return is 5%. (Recall that

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b. Calculate the market portfolio M when the risk- free rate of return is 5%. (Recall that the M portfolio is the portfolio which maximizes the Sharpe ratio).

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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