Investment & Money Management Midterm Review 1. Overview of investment process (objectives, constraints, etc.), the general principles, i.e., what are the objectives and what are the constraints for an investor? Overview of Investment Process Objectives: Return requirements Risk Tolerance Constraints: Wealth Liquidity Horizon Regulation Taxes Unique Needs 2. Distinction between Financial and Real Assets. Financial Assets: assets that have claims to real assets Real Assets:…
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