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Homework answers / question archive / Explain carefully why the market portfolio according to the CAPM is the optimal portfolio for all investors irrespective of their risk aversion

Explain carefully why the market portfolio according to the CAPM is the optimal portfolio for all investors irrespective of their risk aversion

Finance

Explain carefully why the market portfolio according to the CAPM is the optimal portfolio for all investors irrespective of their risk aversion. (5p)

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