Which statement is true? A. An efficient portfolio always provides the highest expected rate of return. B. An efficient portfolio has less risk than any

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Which statement is true? A. An efficient portfolio always provides the highest expected rate of return. B. An efficient portfolio has less risk than any other asset or portfolio with comparable expected return and more return than any other asset or portfolio with comparable risk. C. An efficient portfolio always provides the lowest risk and the highest reward. D. Neither one of the above statements is true

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