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Two - fund separation means that the optimal risky portfolio: Group of answer choices is the same for all investors, regardless of investors' risk aversion.

Two

-

fund separation means that the optimal risky portfolio:

Group of answer choices

is the same for all investors, regardless of investors' risk aversion.

will be the global minimum variance portfolio.

will be the global maximum variance portfolio.

will differ depending on investors' risk aversion.

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