Question: When performing mean-variance optimization, _____. A) investors choose an efficient portfolio that offers the highest level of return for a given level of risk B)

When performing mean-variance optimization, _____.

A) investors choose an efficient portfolio that offers the highest level of return for a given level of risk
B) investors choose an efficient portfolio that offers the highest level of risk for a given level of return
C) investors choose an efficient portfolio that offers the highest level of return, regardless of the risk

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