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Asset allocation is the: O 1. selection of specific securities within a particular class or industry. O2. dividing of assets into those that are hypothecated

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Asset allocation is the: O 1. selection of specific securities within a particular class or industry. O2. dividing of assets into those that are hypothecated and those that are not O 3. distribution of investment funds among various broad asset classes, 4. division of a portfolio into short and long positions. O 5. division of a purchase price between a cash payment and a margin loan

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