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The efficient set of portfolios: contains the portfolio combinations with the highest return for a given level of risk. contains the portfolio combinations with the

The efficient set of portfolios:

contains the portfolio combinations with the highest return for a given level of risk.

contains the portfolio combinations with the lowest risk for a given level of return.

is the lowest overall risk portfolio.

Both contains the portfolio combinations with the highest return for a given level of risk; and contains the portfolio combinations with the lowest risk for a given level of return.

Both contains the portfolio combinations with the highest return for a given level of risk; and is the lowest overall risk portfolio.

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