微信扫一扫
实时资讯全掌握
|
Portfolio Management Associates (PMA) provides asset allocation advice for pensions. PMA recommends that all their pension clients select an appropriate weighting of the risk-free asset and the market portfolio. PMA should explain to its clients that the market portfolio is selected because the market portfolio: A. maximizes the Sharpe ratio. B. maximizes return and minimizes risk. C. maximizes return. |