MCQOPTIONS
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| 1. |
_Markowitz's main contribution to portfolio theory is___________.$? |
| A. | that risk is the same for each type of financial asset |
| B. | that risk is a function of credit, liquidity and market factors |
| C. | risk is not quantifiable |
| D. | insight about the relative importance of variances and co variances in determining portfolio risk |
| Answer» E. | |