Explain the shape of the Markowitz (that is, mean-variance) efficient frontier, specifically what causes it to be

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Explain the shape of the Markowitz (that is, mean-variance) efficient frontier, specifically what causes it to be curved rather than a straight line.

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Investment Analysis and Portfolio Management

ISBN: 978-1305262997

11th Edition

Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds

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