Customer Name: Charlie Customer
Age: 69
Marital Status: Single - Widowed
Dependents: No...
Business, 25.08.2020 23:01 spiritcampbell56
Customer Name: Charlie Customer
Age: 69
Marital Status: Single - Widowed
Dependents: None
Occupation: Retired
Household Income: $31,000 (Social Security and Pension)
Net Worth: $130,000 (excluding residence)
Own Home: Yes $220,000 Value, No Mortgage
Investment Objective: Current Income
Risk Tolerance: Low
Investment Time Horizon: 20 years
Investment Experience: 0 years
Current Portfolio Composition: Cash in Bank: $130,000
After reviewing this customer's profile sheet, which recommendation would be most appropriate?
a. The customer should take at least $100,000 of cash from the bank and invest the proceeds in 20-year TIPS to meet the customer's desire for current income and his low risk tolerance requirements
b. The customer should take at least $100,000 of cash from the bank and invest the proceeds in 20-year STRIPS to meet the customer's desire for current income and his low risk tolerance requirements
c. The customer should mortgage his house for $100,000 at current market interest rates and use the proceeds to buy 20 year income bonds to provide current income
d. The customer should take at least $100,000 of cash from the bank and invest the proceeds in 20-year Treasury Bonds to meet the customer's desire for current income and his low risk tolerance requirements
Answers: 3
Business, 22.06.2019 03:00
Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.
Answers: 1
Business, 23.06.2019 01:50
The capital balances, prior to the liquidation of the benjamin, gaynor, megan partnership, were as follows: benjamin, capital $100,000gaynor, capital $120,000megan, capital $175,000benjamin, gaynor, and megan share profits and losses in the ratio of 25%, 40%, 35%. as a result of a loan, the partnership owes gaynor $80,000. using the information above, which partner has the highest loss absorption power (lap) prior to liquidation? a. gaynorb. meganc. benjamind. both gaynor and megan have the same lap
Answers: 2
Business, 23.06.2019 02:00
Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.
Answers: 2
History, 09.12.2019 19:31
English, 09.12.2019 19:31
Mathematics, 09.12.2019 19:31
Mathematics, 09.12.2019 19:31
Mathematics, 09.12.2019 19:31
Computers and Technology, 09.12.2019 19:31