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Which of the following statements about the implications of CAPM are FALSE? a) Investors will have the same efficient frontier. b) Optimal risky portfolio for

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Which of the following statements about the implications of CAPM are FALSE? a) Investors will have the same efficient frontier. b) Optimal risky portfolio for each investors is different. c) Investors will mix the optimal risky portfolio with the risk-free assets according to their risk-aversion. d) In theory, the optimal risky portfolio is always the market portfolio

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