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Alternative investments: A. create difficulties in performance appraisals but provide risk and return characteristics that differ markedly from traditional assets B. are illiquid but provide

Alternative investments:

A. create difficulties in performance appraisals but provide risk and return characteristics that differ markedly from traditional assets

B. are illiquid but provide risk and return characteristics similar to stocks and bonds

C. provide diversifying potential but with risk and return characteristics similar to stocks and bonds

D. carry high due diligence costs but provide risk and return characteristics similar to stocks and bonds

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