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    Investments Study Set 4
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    Exam 27: The Theory of Active Portfolio Management
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    A Purely Passive Strategy
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A Purely Passive Strategy

Question 6

Question 6

Multiple Choice

A purely passive strategy


A) uses only index funds.
B) uses weights that change in response to market conditions.
C) uses only risk-free assets.
D) is best if there is "noise" in realized returns.

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