Question
Can a fund manager invest in all the bond classes, given the RRLLTTU fits the client? A. No, the manager needs to consider the legal
Can a fund manager invest in all the bond classes, given the RRLLTTU fits the client?
A. No, the manager needs to consider the legal impact of the investment, some bonds are not at the investment grade and are banned by regulation.
B. No, the asset must also fit the client's portfolio
C.Yes, The RRLLTTU is the framework of selecting assets
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
