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Consider an American investor and an Australian investor. Which of the following statements about the optimal international portfolio (OIP) is true? They have different OIP

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Consider an American investor and an Australian investor. Which of the following statements about the optimal international portfolio (OIP) is true? They have different OIP and different OIP in terms of local currency. They have the same OIP, but different OIP in terms of local currency. They have different OIP, but the same OIP in terms of local currency. They have the same OIP and the same OIP in terms of local currency. None of the other answers

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