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A. Explain why stocks ARE NOT appropriate for short- and intermediate-term goals. B. What asset class should you use for short-term goals of 1 or

A. Explain why stocks ARE NOT appropriate for short- and intermediate-term goals. B. What asset class should you use for short-term goals of 1 or 2 years? Why? C. What asset class should you use for intermediate-term goals of 3 to 10 years? Why? Use data presented in Exhibits 1 through 5 to support your answers.

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