Question: A portfolio is considered to be efficient if: a. No other portfolio offers higher expected returns with the same risk O b. There is no

 A portfolio is considered to be efficient if: a. No other

A portfolio is considered to be efficient if: a. No other portfolio offers higher expected returns with the same risk O b. There is no portfolio with a higher return. c. No other portfolio offers lower risk with the same expected return. d. There is no portfolio with a lower risk

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