The option to delay the choice of portfolio allocation is valuable because
A)interest costs are positive.
B)volatility of returns is lower.
C)more can be placed into high return,risky assets.
D)the allocation can be based on new information.

Name: The option to delay the choice of portfolio allocation is valuable because A)interest costs are positive. B)volatility of returns is lower. C)more can be placed into high return,risky assets. D)the allocation can be based on new information.
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Question

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The Answer is D

The Option to Delay the Choice of Portfolio Allocation Is