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Suppose you are creating a portfolio of risk-free security and n risky securities. The optimal portfolio of risky securities to combine with the risk-free security
Suppose you are creating a portfolio of risk-free security and n risky securities. The optimal portfolio of risky securities to combine with the risk-free security is one that
Select one:
a. has the highest utility.
b. has the highest reward to volatility ratio.
c. has the highest expected return.
d. has the lowest standard deviation.
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