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Short answer: Answer any TWO only. Be specific and write in complete sentences. A Explain what ex post and ex ante returns are. Why is

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Short answer: Answer any TWO only. Be specific and write in complete sentences. A Explain what ex post and ex ante returns are. Why is this distinction important? B. If the CAPM is true, what is the optimal investment strategy for an investor? C. In Modern Portfolio Theory, how is the market portfolio determined

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