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Basic Question 1 of 6
Efficient portfolios are portfolios that offer the ______.
II. lowest rate of return for the same amount of risk
III. lowest amount of risk for the same amount of return
IV. highest amount of risk for the same amount of return
I. highest rate of return for the same amount of risk
II. lowest rate of return for the same amount of risk
III. lowest amount of risk for the same amount of return
IV. highest amount of risk for the same amount of return
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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.