题目中Fordhart must spend 3% of its beginning-of-the-year asset value annually to meet legal obligations,给出的proposed allocation on cash is 2%, 此处2%少于每年年初要提出的3%的比例,请问是否也算一个不适当的资产分配提议?
这句话Fordhart must spend 3% of its beginning-of-the-year asset value annually to meet legal obligations表明F portfolio需要流动性,而且是法律要求,因此应该配置流动性好的资产,但是不一定要求全是现金等价物。