Portfolio managers, who are maximizing risk-adjusted returns, will seek to invest less in securities with: A. Lower
Question:
Portfolio managers, who are maximizing risk-adjusted returns, will seek to invest less in securities with:
A. Lower values for nonsystematic variance.
B. Values of nonsystematic variance equal to 0.
C. Higher values for nonsystematic variance.
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C is correct Since managers are c...View the full answer
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Related Book For 
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
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