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Answer if each of the following claims is true or false and explain your reasoning. 1. According to the separation property, the proportion of an
Answer if each of the following claims is true or false and explain your reasoning. 1. According to the separation property, the proportion of an investor's investment in the optimal risky portfolio is determined by the investor's personal preferences.
2. A less risk-averse investor has a steeper utility function indifference curve.
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