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An individual investor has $1,300,000 in investable assets and two children expected to attend college in the next three years. The present value of their
An individual investor has $1,300,000 in investable assets and two children expected to attend college in the next three years. The present value of their education expenses is $200,000. The individual's portfolio income needs are $75,000 annually. Inflation is 2.1% while education expenses are expected to rise by 3%. The return objective is closest to:
Question 19 options:
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5.8%
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6.8%.
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9.8%.
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8.9%.
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