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Evaluate the following investments, and explain the best choice among Portfolios A, B, and C, assuming that borrowing and lending at a risk-free rate of
Evaluate the following investments, and explain the best choice among Portfolios A, B, and C, assuming that borrowing and lending at a risk-free rate of = 3 percent is possible. Portfolio A: () = 13% , () = 15% Portfolio B: () = 10% , () = 8% Portfolio C: () = 11% , () = 14%
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