Question: choice can be divided into two independent tasks: ( 1 ) Determination of the optimal risky portfolio, which is a purely mathematical problem, and (
choice can be divided into two independent tasks: Determination of the optimal risky portfolio, which is a purely mathematical problem, and the personal choice of the best mix of the optimal risky portfolio and the riskfree asset, which depends on a person's degree of risk aversion
a Asset allocation
b portfolio management
c Separation property
d CAPM
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