Explain markowitzrsquos train of thought about why


EXPLAIN FULLY at least 200 words each

1) Explain Markowitz’s train of thought about why investors should seek an efficient portfolio.

2) Is it true that the objective of efficient portfolio diversification is to determine a standard deviation that is lower than the individual security’s standard deviation?

3) In your opinion, is it possible to construct a risk-free portfolio?

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Financial Management: Explain markowitzrsquos train of thought about why
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