For the following types of investors, appraise the importance of using the specified asset class for strategic

Question:

For the following types of investors, appraise the importance of using the specified asset class for strategic asset allocation.
a. Long-term bonds for a life insurer and for a young investor
b. for a bank and for a young investor
c. Domestic tax-exempt bonds for an endowment and for a midcareer professional
d. Private equity for a major foundation and for a young investor Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...