Portfolio Management【Reading 60】Sample
Mean-variance analysis assumes that investor preferences depend on all of the following EXCEPT: A)
| correlations among asset returns. |
| B)
| skewness of the distribution of asset returns. |
| C)
| expected asset returns. |
|
Mean-variance analysis assumes that investors only need to know expected returns, variances, and covariances in order create optimal portfolios. The skewness of the distribution of expected returns can be ignored. |