Portfolio Theory Was First Developed By

question 36

Multiple Choice

Portfolio Theory was first developed by:

• A) Merton Miller
• B) Richard Brealey
• C) Franco Modigliani
• D) Harry Markowitz

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Definitions:

Dewatered Area

describes a region from which water has been removed, typically for construction or drainage purposes.

Upper Level

Refers to the higher layers of the atmosphere or any system, often used in meteorology or geosciences to describe phenomena occurring at altitude.

Groundwater Flow

The process by which water moves through the pore spaces or fractures in soils and rocks beneath the Earth's surface.

Water Table

The depth beneath the surface where the soil is completely filled with water.