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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