The best index to assess the performance of a portfolio diversified among several asset classes such as stocks, bonds and real estate is
A) the Lipper Index.
B) the NYSE Composite Index.
C) the Value Line Index.
D) No suitable index exists.
Answer: D
Business
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In the 1960s, international trade secretariats (ITSs) were established to provide worldwide links for:
a) families of expatriates. b) national unions in particular industries. c) foreign exchange rates. d) the banking and finance industries.
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The rights of a condominium owner are defined by the:
a. management agreement b. bylaws and condominium declaration c. bylaws and the corporate charter d. Public Offering Statement
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