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An investor currently holds $80,000 in a mutual fund. He wants to finance his daughter's university expenses by withdrawing $15,000 per year for the next

An investor currently holds

$80,000

in a mutual fund. He wants to finance his daughter's university expenses by withdrawing

$15,000

per year for the next 4 years. What type of withdrawal plan would he most likely choose?\ a) A contractual withdrawal plan.\ b) A low ratio withdrawal plan.\ c) A fixed dollar withdrawal plan.\ d) A fixed-period withdrawal plan.

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An investor currently holds $80,000 in a mutual fund. He wants to finance his daughter's university expenses by withdrawing $15,000 per year for the next 4 years. What type of withdrawal plan would he most likely choose? a) A contractual withdrawal plan. b) A low ratio withdrawal plan. c) A fixed dollar withdrawal plan. d) A fixed-period withdrawal plan

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