3. A portfolio allocation decision is made by a holderof wealth when determining which assets and how
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3. A portfolio allocation decision is made by a holderof wealth when determining which assets and how much of each asset to hold. The three characteristics of assets that most affect their desirability are expected return, risk, and liquidity.
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Macroeconomics Plus Myeconlab With Pearson Global Edition
ISBN: 377221
9th Canadian Edition
Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore
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