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61) Which of the following statements is (are) false? A) If the market portfolio is the tangency portfolio, then the relationship between risk and return

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61) Which of the following statements is (are) false? A) If the market portfolio is the tangency portfolio, then the relationship between risk and return is best described as parabolic. B) If two mean-variance efficient portfolios are combined, the result is a mean-variance efficient portfolio. C) All mean-variance efficient portfolios are combinations of the market portfolio and the risk-free asset. D) All of the above are true statements

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