59.
The efficient frontier is best defined as the set of portfolios that has:
Select exactly 1 answers from the following:
A. the minimum risk for every level of return.
B. proportionally equal units of risk and return.
C. the maximum excess rate of return for every given level of risk.
D. the maximum return for each level of beta based on the capital asset pricing model.
答案和详解如下！
Feedback: Correct answer: A
Investment Analysis and Portfolio Management, 7th edition, Frank K. Reilly and Keith C. Brown (Dryden, 2003), pp. 228 2006 Modular Level I, Vol. IV, pp. 771 Study Session 18-78-g describe the efficient frontier and explain the implications for incremental returns as an investor assumes more risk
The efficient frontier represents that set of portfolios having the maximum rate of return for every given level of risk, or the minimum risk for every given level of return.
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发表于 2006-11-21 12:31
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