Research Has Shown That the Asset Allocation Decision Explains ____

Multiple Choice

Research has shown that the asset allocation decision explains ____% of the variation in fund returns across all funds,and ____% of the variation in returns for a particular fund over time.

A) 90 and 100.
B) 100 and 40.
C) 90 and 40.
D) 40 and 100.
E) 40 and 90.