Question
1.On average, a portfolio with a higher average return will do better than a portfolio with a lower average return. Why would an investor decide
1.On average, a portfolio with a higher average return will do better than a portfolio with a lower average return. Why would an investor decide to invest in a portfolio with lower average expected returns?
2.How will the volatilities and correlations of the component investments affect the variance of the portfolio return?
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
