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Which of the following statements is not true of asset allocation? Investments are spread across several different investment classes. Investments reflect the investor's specific time

Which of the following statements is not true of asset allocation?

Investments are spread across several different investment classes.

Investments reflect the investor's specific time horizon.

Allocation may be made in domestic stocks and bonds.

Allocation may be made in international stocks and bonds.

All of the above statements are true.

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