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QUESTION TWO (7.5 MARKS) A securities market operating in a country without government bonds has many assets each with a different daily return. If you

image text in transcribed QUESTION TWO (7.5 MARKS) A securities market operating in a country without government bonds has many assets each with a different daily return. If you have data on daily returns for all the assets, explain with the help of a diagram and/or computation the following: i. That the derivation of an efficient portfolio frontier may not require all the assets. (1.5 MARKS) ii. Why it may not be pertinent to hire an investment advisor. (3 MARKS) iii. The effect of introducing long term government bond in the economy

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