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Explain why expected return is considered forward-looking. What challenges arise in using expected return? Explain how differences in allocations between the risk-free security and the market portfolio can determine the level of market risk.

Answer the following questions and complete the following problems: Questions In a Word document, respond to the following. Number your responses 1–2. Explain why expected return is considered forward-looking. What challenges arise in using expected return? Explain how differences in allocations between the risk-free security and the market portfolio can determine the level of market […]

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