Question
QUESTION 39 Which of the following statements is false? a. The two-fund separation theorem states that an investors optimal portfolios are a combination of risky
QUESTION 39
- Which of the following statements is false?
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| a. | The two-fund separation theorem states that an investors optimal portfolios are a combination of risky and risk-free assets. |
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| b. | All risk-averse investors should rationally choose to invest in the optimal risky portfolio. |
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| c. | The two-fund separation theorem shows that the investment decision is a separate consideration from the financing decision. |
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Finance A Quantitative Introduction Volume 2
Authors: Piotr Staszkiewicz, Lucia Staszkiewicz
1st Edition
0128027975, 978-0128027974
