Part 1 1 Attempt 1/4 for 10 pts. Which of the following is true about passive vs active management? O Active managers usually allocate their capital to a fixed risky portfolio and change their allocations only as a result of changes in their risk tolerance. Active managers usually try to achieve returns higher than commensurate with risk by identifying mispriced assets. O Passive managers usually engage in market timing. Active managers usually allocate their capital between one or more index funds. O Passive managers usually engage in both market timing and security selection. Submit Part 2 Attempt 1/4 for 10 pts. refers to the attempt to identify mispriced securities or to predict broad market trends. Asset allocation Security selection Active management O Passive management Submit