G
Gareth
Member
Don't know about everyone else, but finding the equation of the efficient frontier in the presence of a risk-free asset in S2004,10(iv) seemed very hard.
The examiner's solution uses a parameteric version of the equation, which in the end seems the easiest way to do it...working with it in the form V_p = f(E_p) seemed near impossible...
strange how apparently easy questions can be really painful.
The examiner's solution uses a parameteric version of the equation, which in the end seems the easiest way to do it...working with it in the form V_p = f(E_p) seemed near impossible...
strange how apparently easy questions can be really painful.