a prospect is 50 years old and has just inherited $50,000. he wants to invest the money but is very risk averse and fears losing principal. which of the following recommendations would be most suitable? a) a bond fund with high duration b) a bond fund with low duration c) a preferred stock fund with high duration d) a preferred stock fund with low duration

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04-11-2022
Business

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a prospect is 50 years old and has just inherited $50,000. he wants to invest the money but is very risk averse and fears losing principal. which of the following recommendations would be most suitable? a) a bond fund with high duration b) a bond fund with low duration c) a preferred stock fund with high duration d) a preferred stock fund with low duration

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