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According to the Markowitz portfolio theory, the optimal risky portfolio refers to: A. All portfolios that lie on the minimum variance frontier B. The efficient

According to the Markowitz portfolio theory, the optimal risky portfolio refers to: A. All portfolios that lie on the minimum variance frontier B. The efficient portfolio that has the highest Sharpe ratio C. The efficient portfolio that has the highest expected return D. All portfolios that lie on the efficient frontier E. The global minimum variance portfolio

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