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There are two assets X and Y, which line...

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题目

There are two assets X and Y, which line is not likely the efficient frontier for X and Y?「huixue_img/importSubject/1564170577994977280.png」

选项

A.A

B.B

C.C

D.D

答案

D

解析

The efficient frontier is concaveabove the minimum variance portfolio 有效边界在最小方差组合之上是凹的。