alleryStart learning →Post-modern portfolio theory extends MPT by using risk measures that are
Aasymmetric and fat-tailed
Bstrictly symmetric
Cfree of any distribution
Dbased on book value
Answer & Solution
Correct answer: A. asymmetric and fat-tailed
It adopts non-normally distributed, asymmetric and fat-tailed risk measures to address MPT's symmetric-normal limits.
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