Which of the following statements reflects the importance of the asset allocation decision to the investment process?

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Which of the following statements reflects the importance of the asset allocation decision to the investment process? The asset allocation decision:

a. Helps the investor decide on realistic investment goals.

b. Identifies the specific securities to include in a portfolio.

c. Determines most of the portfolio’s returns and volatility over time.

d. Creates a standard by which to establish an appropriate investment time horizon.

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Essentials Of Investments

ISBN: 9780073368719

7th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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