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Zolol [24]
3 years ago
13

A registered representative has managed the account of her client for over 10 years. The client recommends her mother to the reg

istered representative as a potential client. Mom, age 65, has just moved out of her house into a smaller condominium, and has netted a $200,000 profit from doing this. The client tells the representative that her mother should invest conservatively. When the representative reaches out to the mother, she tells her that she is retired and that her current pension, plus social security that will be received in a few years, will give her more income than she needs. She wants to invest the $200,000 for growth, with the intention of leaving that money to her grandchildren when she dies. What would be the best recommendation
Business
1 answer:
ahrayia [7]3 years ago
7 0

Answer:

Aggressive growth fund is the correct answer.

Explanation:

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Answer:

D. Both (B) and (C) are true

Explanation:

Cash payback approach is helpful to know the number of years, project would take to recover the initial investment. It could be calculated by dividing initial investment by cash flow per year. It is very simple and easy approach to compare projects and find number of years to recover the initial investment. The most serious weekness of cash payback approach is, it ignore the time value for the money, it also ignore project profitablity and project`s return on investment.  As according to cash payback approach, it consider projects with short payback time as profitable and thus ignore useful life of alternative projects.

7 0
3 years ago
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Airida [17]

Changing the prices of products based on the level of demand characteristics of the customer is called dynamic pricing.

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6 0
2 years ago
How do I start a plan
miskamm [114]

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plan

Explanation:

4 0
3 years ago
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What is a disadvantage of government bonds?
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3 years ago
Zoe's Bakery operates in a perfectly competitive industry. Suppose that when the market price is $5, the profit-maximizing outpu
Rom4ik [11]

Answer:

$3 is Zoe's Bakery marginal cost and Short run profits are $150.

Explanation:

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