Question: An efficient portfolio a) has only unique risk. b) provides the highest expected return for a given level of risk and provides the least risk
An efficient portfolio
a) has only unique risk.
b) provides the highest expected return for a given level of risk and provides the least risk for a given level of expected return.
c) has no risk at all.
EXplain the answer
d) provides the lowest risk for a given expected return.
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