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Basic Question 0 of 12
Efficient portfolios are portfolios that offer the ______.
II. lowest rate of return for the same amount of risk
III. lowest amount of risk for the same amount of return
IV. highest amount of risk for the same amount of return
I. highest rate of return for the same amount of risk
II. lowest rate of return for the same amount of risk
III. lowest amount of risk for the same amount of return
IV. highest amount of risk for the same amount of return
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.

Tamara Schultz
Learning Outcome Statements
analyze and interpret financial statement disclosures regarding property, plant, and equipment and intangible assets
CFA® 2025 Level I Curriculum, Volume 2, Module 7.