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An investment opportunity set associated with a given universe of risky assets shows up as an area in the expected return-standard deviation space. An appropriate
An investment opportunity set associated with a given universe of risky assets shows up as an area in the expected return-standard deviation space. An appropriate optimization algorithm based on the mean-variance criterion will identify the efficient frontier of the investment opportunity set. Adding additional risky assets to the investment opportunity set will generally move the efficient frontier _____ and to the ______.
A. up; right B. up; left C. down; right D. down; left
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