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Basic Question 1 of 4
For a portfolio to be efficient, it must exhibit the ______.
B. highest expected return for a given level of risk
C. lowest risk for all levels of expected return
D. highest expected return for all levels of risk
A. highest risk for a given level of expected return
B. highest expected return for a given level of risk
C. lowest risk for all levels of expected return
D. highest expected return for all levels of risk
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe and interpret the minimum-variance and efficient frontiers of risky assets and the global minimum-variance portfolio
CFA® 2025 Level I Curriculum, Volume 2, Module 1.