A clearly understood investment policy statement is not, Financial Management

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A clearly understood investment policy statement is not

A clearly understood investment policy statement is not critical for which one of the following?

I. Mutual funds

II. Individuals

III. Defined benefit pension funds

Select one:

a. II only

b. III only

c. I only

d. A policy statement is necessary for all three

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Financial Management: A clearly understood investment policy statement is not

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Financial Management: A clearly understood investment policy statement is not

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