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