Markowitz theory of portfolio management considers which of the following assumptions?
A. Investors are pessimistic about start ups but optimistic about an established business
B. Investors have free access to fair and correct information on return and risk
C. Investors have a tendency to lean forwards a crypto currencies
D. Investors are rational and maximize their utility with a given level of income and money
Choose the correct answer
1
A AND B
2
B AND D
3
C AND D
4
A AND C