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You actively research macroeconomic factors and move between stocks and bonds in an attempt to time the market. Your allocation is in stock and bond

You actively research macroeconomic factors and move between stocks and bonds in an attempt to time the market. Your allocation is in stock and bond index funds. You have a(n) _____ asset allocation strategy and a(n) _____ security selection strategy.


active; active


active; passive


passive; passive


passive; active


None of the above.

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