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Business, 06.12.2019 22:31 whocares1234

A68-year old new customer has investment objectives of preservation of capital and income in retirement. the customer has a low risk tolerance and is in the 35% marginal federal tax bracket and is the 10% state tax bracket. which investment recommendation would be most suitable for this client?
a. investment grade corporate bonds with long maturities
b. preferred stocks of blue chip companies
c. pre-refunded general obligation bonds
d. general obligation bonds that have been escrowed to maturity

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