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Level III
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Asset Allocation
Asset Allocation
Easy
An investor allocates 70% of her financial portfolio to domestic securities despite her home country representing only 8% of the global equity market. This behavior is most consistent with:
A
Home bias
B
Loss aversion
C
Anchoring
D
Mental accounting
Select an answer to continue
Tags
#home-bias
#behavioral-biases
#international-diversification
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CFA Level III — Asset Allocation Practice Question | AcadiFi | AcadiFi