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A portfolio that contains both risky and risk free assets will always represent a level of risk less than that of the risky asset but

A portfolio that contains both risky and risk free assets will always represent a level of risk less than that of the risky asset but more than zero. represent a level of risk less than that of the risk free asset, but greater than zero. represent no risk because it contains a risk free asset. be efficient because it is diversified

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