Explain why that in standard Investment Theory (often called Modern Portfolio Theory), the decision of the total amount

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answerhappygod
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Explain why that in standard Investment Theory (often called Modern Portfolio Theory), the decision of the total amount

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Explain why that in standard Investment Theory (often called
Modern Portfolio Theory), the decision of the total amount of risk
to bear should be independent of the decision of which risky assets
to purchase and in which proportions. Which decision comes
first? Explain
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