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15-Minute Lesson:
Derivation of Optimal Risky Portfolio
(Investments: Bodie, Kane, and Marcus)
This article is about how to get the formula as shown in the investments text book by Zvi Bodie,
Alex Kane, and Alan J.Marcus. Ninth Edition. The McGraw-Hill Companies. 2011, New York
(USA) :
Chapter 7: Optimal Risky Portfolios
Page 204: Footnote No.4
Page 205: Footnote No. 5
Page 208: Equation (7.13)
Sukarnen
DILARANG MENG-COPY, MENYALIN,
ATAU MENDISTRIBUSIKAN
SEBAGIAN ATAU SELURUH TULISAN
INI TANPA PERSETUJUAN TERTULIS
DARI PENULIS
Untuk pertanyaan atau komentar bisa
diposting melalui website
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Page 2
Footnote No.4
Explanation on Next Page…..
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Page 4
Footnote No.5
Explanation on Next Page…..
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Page 5
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Page 6
Equation 7.13
Explanation on Next Page……..
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Disclaimer
This material was produced by and the opinions expressed are those of FUTURUM as of the date of
writing and are subject to change. The information and analysis contained in this publication have been
compiled or arrived at from sources believed to be reliable but FUTURUM does not make any
representation as to their accuracy or completeness and does not accept liability for any loss arising from
the use hereof. This material has been prepared for general informational purposes only and is not
intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors
for specific advice.
This document may not be reproduced either in whole, or in part, without the written permission of the
authors and FUTURUM. For any questions or comments, please post it at www.futurumcorfinan.com
© FUTURUM. All Rights Reserved

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