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In 200 words or less, explain why higher moments of return distribution (skewness and kurtosis) should be considered in portfolio management in addition to mean
In 200 words or less, explain why higher moments of return distribution (skewness and kurtosis) should be considered in portfolio management in addition to mean and variance of returns.
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Risk Management And Financial Institutions
Authors: John Hull
1st Edition
0132397900, 9780132397902
