Question: What does the efficient frontier represent? a . The highest expected return for any assumed level of risk. b . The most tax - effective

What does the efficient frontier represent?
a.
The highest expected return for any assumed level of risk.
b.
The most tax-effective portfolio for any level of return.
c.
The highest level of inflation protection for a given asset allocation.
d.
The lowest level of fees for any assumed level of return.

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