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In designing a portfolio, investors seek to maximize the expected return from their investment, given some level of risk they are willing to accept. Portfolios
In designing a portfolio, investors seek to maximize the expected return from their investment, given some level of risk they are willing to accept. Portfolios that satisfy this requirement are called ________ portfolios.
A) magnificent (or maximal)
B) sufficient (or minimal)
C) efficient (or optimal)
D) inefficient (or suboptimal)
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