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please see prrcipus post to understand the whole question. High ratings will be given by numerous people if answered to a high standard. 6. Examine

please see prrcipus post to understand the whole question. High ratings will be given by numerous people if answered to a high standard. image text in transcribed

6. Examine the mean-variance relation for (i) overnight returns, (ii) intraday returns, and (iii) total returns. Interpret. [25 marks]

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