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Basic Question 3 of 3
The least likely reason for constructing an investment policy statement is that it ______
B. helps investors create realistic investment goals.
C. establishes a performance benchmark to judge manager performance.
A. minimizes the costs of portfolio construction.
B. helps investors create realistic investment goals.
C. establishes a performance benchmark to judge manager performance.
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Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
describe the steps in the portfolio management process
CFA® 2025 Level I Curriculum, Volume 6, Module 3.