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20. Which of the following is the most important decision in building & portfolio? A. selection of specific securities within a particular class or industry.

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20. Which of the following is the most important decision in building & portfolio? A. selection of specific securities within a particular class or industry. B. decision on which exchange to sell or buy an asset. C. division of a portfolio into long and short positions. D. distribution of investment funds among various broad asset classes. E. distribution of investment funds among various industries

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