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Under the Separation Property of Portfolio Optimization: The Capital Market Line reflects the clients Risk Aversion level Risky portfolios should reflect the Risk Aversion level

Under the Separation Property of Portfolio Optimization:

The Capital Market Line reflects the clients Risk Aversion level

Risky portfolios should reflect the Risk Aversion level for each investor

There is only 1 theoretic optimal Risky portfolio for all investors

The minimum variance point on the Efficient Frontier reflects the optimal Risky portfolio

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