An efficient portfolio is a project or a combination of investments that will involve the least risk for a given rate of return.

Name: An efficient portfolio is a project or a combination of investments that will involve the least risk for a given rate of return.
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An efficient portfolio is one that offers the highest expected return for a given level of risk or the lowest level of risk for a given expected rate of return.

An Efficient Portfolio Is a Project or a Combination of Investments