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Question
Under the separation theorem, all investors should:a. hold the same portfolio of risky assets and therefore have the same
risk/return combination.
b. have different optimal portfolios.
c. have the same portfolio of risky assets and achieve their own risk-return
combination through borrowing and lending.
d. hold the same portfolio of risky assets and the same expected return but at
different levels of risk
Answer
This answer is hidden. It contains 1 characters.
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