Question

59. According to Markowitz, an efficient portfolio is one that has the
(A) Targest expected return for the smallest level of risk
(B) largest expected return and zero risk
(C) largest expected return for a given level of risk
D) smallest level of risk​

Answer 1

Answer:

effective portfolios will give largest return from given level of risk

Answer 2

Answer:

C. largest expected return for a given level of risk

Explanation:

According to Markowitz, an efficient portfolio is one that has the largest expected return for a given level of risk. This theory was pioneered by Harry Markowitz in his paper "Portfolio Selection," published in 1952 by the Journal of Finance.