Question: The separation theorem a. says that you can determine the optimum portfolio of risky assets for an investor without having to know anything about the
The separation theorem a. says that you can determine the optimum portfolio of risky assets for an investor without having to know anything about the investor b. implies that all investors hold the same portfolio of the riskless asset and risky assets c. holds even if the lending and borrowing rates are different, provided that both rates are riskless d. allows the construction of an efficient portfolio by separating efficient assets from inefficient assets
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