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Based in the Royal Swedish Academy of Sciences on the 1990 Alfred Nobel Memorial Prize in Economic Sciences. A) explain what makes Markowitzs Portfolio Theory

Based in the Royal Swedish Academy of Sciences on the 1990 Alfred Nobel Memorial Prize in Economic Sciences. A) explain what makes Markowitzs Portfolio Theory a breakthrough discovery. Use appropriate graphs to illustrate your answer. b) Provide examples of how this theory can be applied to energy companies

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