29.

Jason is 28, recently married, and planning on starting a family. Recent purchases have included a home, and current goals include the payment of outstanding student loan balances. Based solely on this information, where would you classify this investor based on life-cycle analysis?

Select one:

a. Mid-earning years.

b. Early earning years.

c. Retirement years.

d. Peak earning years.

30.

You anticipate that interest rates will be decreasing in the next 6 months to 1 year period. Identify the mortgage-backed securities (MBS) you would consider most appropriate for a single mum who is relying primarily on investment income for cash flow.

Select one:

a. Open Pool, Long Term to Maturity.

b. Closed Pool, Short Term to Maturity.

c. Open Pool, Short Term to Maturity.

d. Closed Pool, Long-Term to Maturity.