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3. One ___________ of Markowitz model is that errors in estimation of correlation can lead to ________ results. Select one: a. Benefit, flexible b. Problem,

3. One ___________ of Markowitz model is that errors in estimation of correlation can lead to ________ results.
Select one:
a. Benefit, flexible
b. Problem, risky
c. Difficulty, nonsensical
d. Benefit, optimal

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