Question: 5.) An efficient portfolio is defined as a ________. a. collection of assets that minimizes risk for a given level of return b. collection of

5.) An efficient portfolio is defined as a ________.

a. collection of assets that minimizes risk for a given level of return

b. collection of assets with the lowest possible level of risk and return

c. collection of assets that maximizes risk for a given level of return

d. collection of assets with the highest possible level of risk and return

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