Antiques,art,coins,stamps,jewelry,etc.,are not included in the investment portfolios of financial institutions because

Question

Quizplus · Accepted Answer

Antiques, art, coins, stamps, jewelry, etc. are all excluded from the investment portfolios of financial institutions because their prices tend to vary substantially, transaction costs are relatively high, and they are typically illiquid. Because of these factors, these types of assets can be risky and difficult to manage, making them less attractive for institutional investors. Therefore, the correct answer is D, "All of the above."