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5. Which of the following statements is FALSE? A. It is not actually necessary to identify the efficient portfolio itself. All that is required is
5. Which of the following statements is FALSE? A. It is not actually necessary to identify the efficient portfolio itself. All that is required is to identify a collection of portfolios from which the efficient portfolio can be constructed. B. Although we might not be able to identify the efficient portfolio itself, we know some characteristics of the efficient portfolio. C. An efficient portfolio need not be well diversified. D. An efficient portfolio can be constructed from other diversified portfolios.
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