Introduction: Portfolio theory founded by Markowtz (1952) is a revolutionary theory changed finance profession from 'arts' to 'science'. It gives direction of how to minimize risk at a given return or maximize return at a given return. A portfolio is a bundle of assets with different levels of return and risk. The constituent assets are combined with relative weights. Portfolio theory studies how the characteristics (e.g. risk and return) of asset combination differ from those …
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showed last 75 words of 2603 total
…amp;lt;Tab/>Bodie / Kane / Marcus PAGE-175 6.<Tab/>Handout of Financial Management (FINA0025) by Dr Jian CHEN Lecture E Portfolio Theory PAGE-2 7.<Tab/>James C. Van Horne PAGE-54 8.<Tab/>Handout of Financial Management (FINA0025) by Dr Jian CHEN Lecture E Portfolio Theory PAGE-3 9.<Tab/>Bodie / Kane / Marcus PAGE-241 10.<Tab/>Bodie / Kane / Marcus PAGE-241