What is the prediction of the CAPM with respect to optimal portfolio choice?
What will be an ideal response?
All investors should hold the same portfolio of risky assets, the market portfolio. The market portfolio contains all securities, and the proportion of each security is its market value as a percentage of total market value.
You might also like to view...
By handing the message over to connectors,
A) MPR creates media mentions and generates word-of-mouth inexpensively. B) companies do not have to rely on public relations professionals. C) firms can be certain that audiences will receive the message every time. D) MPR professionals do not have to bother following up. E) organizations can entirely eliminate the need for mass media advertising.
Inventory items that belong in the A category include ________. (See Table 14.4 )
A) Items 4 and 6 B) Items 1 and 7 C) Items 3 and 9 D) Items 1 and 8