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o 10. I A risk-averse individual requires compensation for taking a risk II. The CAPM is in risk-averse form III Portfolio theory is designed to

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o 10. I A risk-averse individual requires compensation for taking a risk II. The CAPM is in risk-averse form III Portfolio theory is designed to maximize return only a a. I and II only b.I only ac.I, II, and III are correct a d.III only e.I and III only

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