Question: 1. Select the most accurate response to the statement Portfolio Management applied to a specific investors portfolio includes the following areas of focus a. making

1. Select the most accurate response to the statement Portfolio Management applied to a specific investors portfolio includes the following areas of focus

a. making investment decisions based on an analysis of Capital Markets and the expected Risk/Return of Asset Classes selected for investment.

b. making investment decisions based on a comprehensive initial analysis of Capital Markets and the expected Risk/Return of Asset Classes selected for investment combined with a comprehensive initial analysis of the investors portfolio and investor characteristics such as Risk and Required Return.

c. making investment decisions based on initial and on-going analyses of Capital Markets and the expected Risk/Return of Asset Classes selected for investment combined with initial and on-going analyses of the investors portfolio and investor characteristics such as Risk and Required Return.

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