Question
On the other hand, if the investor wishes to take less risk than the market portfolio, the investor can set aside a portion of investments
On the other hand, if the investor wishes to take less risk than the market portfolio, the investor can set aside a portion of investments to the risk-free asset, which is generally equated to ___________ issued by governments in their domestic currency.
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
9th Edition
0324656122, 978-0324656121
