Discuss the mean-variance approach in detail

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Question: The mean-variance approach assumes that all risk is captured in the variance of returns on an investment and that all other risk measures, including the accounting ratios and the Graham margin of safety, are redundant. How can you justify this approach? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131997220

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