If investors form their portfolios based on fear and hope, which of the following best represents the resulting structure of their portfolios? Their portfolios will be structured: | | | C) | according to modern portfolio theory. |
| | D) | using technical analysis. |
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Answer and Explanation
If investors form their portfolios based on fear and hope, their portfolios will be structured as pyramids with the bottom layer invested in less risky assets to fund necessities. Once necessities are funded, higher levels of the pyramid are dedicated towards riskier investments. | 
发表于 2008-9-16 17:31
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