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An efficient or optimal portfolio can be defined as a diversified portfolio that: a. has the highest possible return for the given level of risk
An efficient or optimal portfolio can be defined as a diversified portfolio that:
a. has the highest possible return for the given level of risk
b. has the highest possible risk for the given level of return
c. your return is at least equal to your risk
d. your risk and return are equal
e. your risk is often higher than your return
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