Q. Is Adams is most likely correct in her assessment of measurement error?
- Yes
- No, because passive management would preclude measurement error
- No, because asset liquidity risk is greater than the risk of measurement error
Adams states, “Generally when we evaluate similar situations, we will use a passive, as opposed to an active, management strategy for the fixed-income portfolio, which means the risk of measurement error will be greater than asset liquidity risk.”
Answer is 1
可以解释下为甚麽measurement error is greater than asset liquidity risk for passage management strategy?
