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    Exam 27: The Theory of Active Portfolio Management
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    A Purely Passive Strategy Is Defined as
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A Purely Passive Strategy Is Defined as

Question 27

Question 27

Multiple Choice

A purely passive strategy is defined as


A) one that uses only index funds.
B) one that allocates assets in fixed proportions that do not vary with market conditions.
C) one that is mean-variance efficient.
D) both A and B.
E) all of the above.

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