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Consider the accompanying chart. The investment opportunity set of two assets, X & Y is represented by the curve {X,A,B,Y}. You have three securities from
Consider the accompanying chart. The investment opportunity set of two assets, X & Y is represented by the curve {X,A,B,Y}. You have three securities from which to build a portfolio. These are X, Y, and the "risk free" asset. Expected Return A B Y Risk What is Point (B) called? Explain its significance relative to the feasible portfolio combinations between point B and point Y
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