Examlex
Answer the following two questions about portfolio risk and return. Assume all weights are positive.
1) Can the return of a portfolio ever be lower than the lowest return on an individual security in the portfolio?
2) Can the variance of a portfolio ever be lower than the lowest variance of an individual security in the portfolio?
Unit
In economics, a unit can refer to a single item or product which can be quantified and measured.
Tax Per Unit
A specific charge levied on each unit of a product or service, often used by governments to regulate consumption or raise revenue.
Sellers
Individuals or entities that offer goods or services for sale to consumers or other businesses.
Tax
A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
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