Determine if Heards statements are correct. Justify your response. Laura Powers is a senior investment analyst at

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Determine if Heard’s statements are correct. Justify your response.image text in transcribed

Laura Powers is a senior investment analyst at Brotley University Foundation and works for the university endowment. Powers is preparing a recommendation to allocate more funds into illiquid investments for a higher potential return and is discussing the rationale with junior analyst Jasper Heard. Heard makes the following statements to Powers:image text in transcribed

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