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1. Modern Portfolio Theory: a. was developed in the late 1980s. b. represents a radical departure from portfolio selection techniques pioneered by Harry Markowitz. c.

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1. Modern Portfolio Theory: a. was developed in the late 1980s. b. represents a radical departure from portfolio selection techniques pioneered by Harry Markowitz. c. suffers from a lack of published research. (1. is the dominant inuence that molds institutional portfolio managers' strategy

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