QUESTION 9
What type of risk is reduced from the purchase of various asset types (stocks, bonds, commodities, etc...)?
O Liquidity
O Inflation
O Market
O Firm
QUESTION 10
Which 2 assets generally have the lowest correlation?
O Treasury Bonds and Corporate Bonds
O US Stocks and Foreign Stocks
O Airline Stocks and Auto Stocks
O Technology Stocks and Treasury Bonds
QUESTION 11
Which of the following fiduciary duties requires pension managers to make common sense and reasonable investment decisions?
O Exclusive Benefit
O Risk Management
O Prudence
O Due Diligence