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bpdulog Wrote:
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> This may be out of scope for the exam, but the
> book does not explain it well. From my
> understanding, you take a diversified index, use
> the weightings, combine it with your expectations
> for various asset classes, and have it spit out an
> expected return number. The results from this are
> then used in a mean variance analysis to generate
> an efficient frontier.
>
>
> Is that correct?

I believe so

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上一主题:what does market dirctional mean?
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