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Which one of the following portfolios cannot lie on the Markowitz efficient frontier? Portfolio Expected Return Standard Deviation 3 9% 21% 12% 15% Y 5%

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Which one of the following portfolios cannot lie on the Markowitz efficient frontier? Portfolio Expected Return Standard Deviation 3 9% 21% 12% 15% Y 5% 7% N 15% 36% Portfolio X cannot lie on the efficient frontier Portfolio Y cannot lie on the efficient frontier Portfolio W cannot lie on the efficient frontier Portfolio Z cannot lie on the efficient frontier

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