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What was a main conclusion of Chapter 11 on risk and modern portfolio theory? a. That portfolio risk is not a weighted average of individual
What was a main conclusion of Chapter 11 on risk and modern portfolio theory?
a. That portfolio risk is not a weighted average of individual risks in the portfolio
b. That net present value is the best financial decision rule for a portfolio
c. That the stock market is efficient
d. That beta measures the risk of a stock held by itself
e. That investors will be indifferent when choosing between two portfolios that have equal expected return
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