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Two Rationales for the Practice of Splitting a Client's Assets

Question 22

Multiple Choice

Two rationales for the practice of splitting a client's assets between several investment managers are


A) diversification of style and diversification of judgment
B) diversification of risk and diversification of style
C) diversification of systematic risk and diversification of non-systematic risk
D) diversification of interest-rate risk and diversification of reinvestment risk.

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