Asset Allocation Policy 1)has Little Impact on a Portfolio's Return

question 18

Multiple Choice

Asset allocation policy
1) has little impact on a portfolio's return
2) assures portfolio diversification
3) increases the costs associated with investing

• A) 1 and 2
• B) 1 and 3
• C) 2 and 3
• D) none of the above

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience.

Legitimate

Something that is lawful, valid, or justified according to established rules, principles, or standards.

Coercive

Involving or using force or threats to persuade someone to do something.

Expert

A person with extensive knowledge or ability in a particular area or field.