Loose-Leaf Essentials of Investments
Loose-Leaf Essentials of Investments
10th Edition
ISBN: 9781259604966
Author: Kane, Alex, Marcus Professor, Alan J., Bodie Professor, Zvi
Publisher: McGraw-Hill Education
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Chapter 22, Problem 7CP

Which of the following statements reflects the importance of the asset allocation decision to the investment process? The asset allocation decision: L 0  22 3
a. Helps the investor decide on realistic investment goals.
b. Identifies the specific securities to include in a portfolio.
c. Determines most of the portfolio’s returns and volatility over time.
d. Creates a standard by which to establish an appropriate investment time horizon.

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