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21. Whichpf the following mutual fund investment objectives is least appropriate for a I'three in his 70's whose only source of income is his retirement

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21. Whichpf the following mutual fund investment objectives is least appropriate for a I'three in his 70's whose only source of income is his retirement portfolio? A) income B) safety C) preservation of capital D) growth . E) all of the above are appropriate rim: . _ '22. A recent college graduate, ; tolerance, would probably do ome stock. with a long-term investment horizon and reasonable risk well to invest a sizable portion of his retirement portfolio: Saving Bonds. cate of deposit ' e! ollowing statements is untrue about preferred stock? eo'rpomtion has made a rm commitment to make a x dividend 'ipreferred shareholders in perpetuity \"investors are considered to be owners of the issuing corporation mpany cannot afford to pay dividends to the preferred stock holders, it amen\". for the dividend amount and the accrued interest _ it investors are typically very active in the decision making process of , voting in annual and extraordinary shareholder meetings 7' k trade in organized and over-the-counter stock exchanges, just like .1 : taternents is true about the debt payment ratio when it comes to '; ii .. ; l _ , ' ' ' to 29% of their monthly gross income. to 35% of their monthly gross income. layers, it is set pically only used by loan monthly income after taxes, it is ty alify applicants for the loan. ers, it is set to 29% of their monthly gross income. E: , w amortized loans? thloan and its total interest in N equal ' installments to cover interest only cipal

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