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45) Which of the following does not approximate the performance of a buy-and-hold portfolio strategy? A) an equally weighted index B) a price-weighted index C)

45) Which of the following does not approximate the performance of a buy-and-hold portfolio strategy?

A) an equally weighted index

B) a price-weighted index

C) a value-weighted index

D) all of these options (Weights are not a factor in this situation.)

Answer: A

Please explain why

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