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Ch 14: 2, 3, 4, 6 2. How should an investor construct an efficient portfolio in the presence of a risk-free asset? 3. a. What

Ch 14: 2, 3, 4, 6 2. How should an investor construct an efficient portfolio in the presence of a risk-free asset? 3. a. What is meant by two-fund separation? b. What do the two funds consist of? 4. I...

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