Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 1 of 10
Efficient portfolios are those which offer the ______.
B. highest risk for a given level of expected return
C. maximum risk and expected return
    
    
     
A. highest expected return for a given level of risk
B. highest risk for a given level of expected return
C. maximum risk and expected return
User Contributed Comments 0
You need to log in first to add your comment.	
      I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.

Tamara Schultz
Learning Outcome Statements
describe the implications of combining a risk-free asset with a portfolio of risky assets
explain the capital allocation line (CAL) and the capital market line (CML)
CFA® 2025 Level I Curriculum, Volume 2, Module 2.