Free Assets and Their Relations with Riskless Assets
Reza Keykhaei & Mohammad Taghi Jahandideh · Journal of Advances in Mathematics and Computer Science · 2015
Tobin's one-fund theorem states that, when a portfolio is consisting of some risky assets and a riskless asset (with return rc), then every ecient portfolio in the Mean-Variance optimization is a combination of the tangency portfolio and the riskless asset. We introduce the notio...
Open access
Research Article
10.9734/BJMCS/2015/19469