With Respect to a Target Investment Portfolio, Which of the Following

question 23

Multiple Choice

With respect to a target investment portfolio, which of the following statements is true?

• A) Once the target investment portfolio is constructed it is relatively easy to implement
• B) Once the target investment portfolio is constructed it may not be achievable due to unfavorable tax considerations
• C) Once the target investment portfolio is constructed it may not be achievable due to the presence of illiquid investments in the portfolio
• D) B and C
• E) None of the above is true

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