Question: What is the difference between an active and a passive bond portfolio strategy? Group of answer choices Passive management assumes market's expectations are essentially correct
What is the difference between an active and a passive bond portfolio strategy? Group of answer choices Passive management assumes market's expectations are essentially correct ie investors cannot add value, whereas active Management assumes a manager cannot outperform the bond index. Passive management assumes market's expectations are essentially incorrect ie investors can add value, whereas active Management assumes a manager can outperform the bond index. Passive management assumes market's expectations are essentially correct ie investors cannot add value, whereas active Management assumes a manager can outperform the bond index.
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