Question: What is the minimum variance portfolio? Why is correlation a more convenient measure of association than covariance? How is the excess return to a stock

What is the minimum variance portfolio?


Why is correlation a more convenient measure of association than covariance? 


How is the excess return to a stock computed? 


Draw a graph of the investment opportunity set in the CAPM framework. 


In the CAPM framework, how is the market risk premium calculated?

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