Explain and critically evaluate the above statement

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when selecting a portfolio of portfolio investment opportunities, it is argued that if a risk free asset is available and the asset that any investor can choose(so called input list') are identical, all investors will choose the same portfolio on the efficient frontier of risky assets
1. explain and critically evaluate the above statement.
2.Discuss whether investors do this in reality. Use evidence to support your answer

Reference no: EM13525412

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