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choose a false statement and give explanation.a. Mutual fund theorem suggests passive strategy is efficient.b. Market portfolio M composed of each security held in proportion
choose a false statement and give explanation.a. Mutual fund theorem suggests passive strategy is efficient.b. Market portfolio M composed of each security held in proportion to market value.c. Market portfolio is on inefficient frontier but optimal risky portfolio.d. Risk premium on individual asset is proportional to risk premium on market portfolio.
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