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40. Which asset would a prudent financial manager recommend for a client who is financially conservative and seeking a steady, reliable investment income from their
40. Which asset would a prudent financial manager recommend for a client who is financially conservative and seeking a steady, reliable investment income from their $65,000 portfolio? (See below.) Asset Initial investment Annual rate of return Pessimistic Most likely Optimistic A B $65,000 $65.000 10% 12% 16% 5% 10% 15% C $65,000 8% 10% 12% A) Asset A B) Asset B C) Asset C D) Cannot be determined from information given
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