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Explain why and show numerical calculations to justify each action. C. Which action would you recommend and why? 5. Explain the importance of having an

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Explain why and show numerical calculations to justify each action. C. Which action would you recommend and why? 5. Explain the importance of having an investment policy statement with a client for whom you are managing a portfolio. 6. You have presented a portfolio return report to a client using the TWR and MWR

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