Portfolio Selection Theory with Different Interest Rates for Borrowing and Leading

Download PDF
Open Webpage

Shunming Zhang, Shouyang Wang, Xiaotie Deng

Published: 01 Jan 2004, Last Modified: 26 Jul 2025J. Glob. Optim. 2004EveryoneRevisionsBibTeXCC BY-SA 4.0
Abstract: This paper considers the portfolio selection problem with different interest rates for borrowing and leading. The portfolio frontier is described under the general condition that the riskless borrowing rate is higher than the riskless lending rate.