Question: Which one is wrong? Asset Class refers to the group of securities that have similar characteristics, attributes, and risk/return relationships. Asset Diversification is the process

Which one is wrong?

Asset Class refers to the group of securities that have similar characteristics, attributes, and risk/return relationships.

Asset Diversification is the process of deciding how to distribute an investors wealth among different countries and asset classes for investment purposes.

Broad assets class such as bonds can be divided into Treasury bonds, corporate bonds, and junk bonds

Asset Allocation is the process of deciding how to distribute an investors wealth among different countries and asset classes for investment purposes.

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