Markowitz's Main Contribution to Portfolio Theory Is

question 6

Multiple Choice

Markowitz's main contribution to portfolio theory is:

• A)that risk is the same for each type of financial asset
• B)that risk is a function of credit,liquidity and market factors
• C)risk is not quantifiable
• D)insight about the relative importance of variance and covariance in determining portfolio risk

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Definitions:

Industrial Revolution

The Industrial Revolution was a period of major industrialization that took place during the late 1700s and early 1800s, leading to significant technological, socio-economic, and cultural changes.