Question: What is most likely a correct order in which an efficient portfolio can be constructed? A. Form the complete portfolio. B. Determine the tangency portfolio.
What is most likely a correct order in which an efficient portfolio can be constructed?
A. Form the complete portfolio.
B. Determine the tangency portfolio.
C. Obtain an investment opportunity set of feasible portfolios.
D. Draw a capital allocation line. (CAL)
B, D, C, A
B, D, A, C
C, A, D, B
C, D, B, A
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