Essentials of Investments (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
Essentials of Investments (The Mcgraw-hill/Irwin Series in Finance, Insurance, and Real Estate)
10th Edition
ISBN: 9780077835422
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 22, Problem 3CP

The aspect least likely to be included in the investment policy statement is: LO 22 3
a. Identifying an investor’s objectives, constraints, and preferences.
b. Organizing the management process itself.
c. Implementing strategies regarding the choice of assets to be used.
d. Procedures for monitoring market conditions, relative values, and investor
circumstances.

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