2. Asset Allocation (LO1, CFA2) Which of the following best reflects the importance of the asset allocation

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2. Asset Allocation (LO1, CFA2) Which of the following best 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 horizon.

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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