bbhosted.cuny.edu Sering Term ( W P Question Completion Status: QUESTION 7 Diversification across markets and risky asset classes can eliminate all risk from your investment portfolio True False QUESTIONS Your plan is to retire in 50 years. At that point you will be 20 years old. You expect to live you are 90. If your wealth tape 70 is $400.000 what is the maximum you can spend each year so that when you are your wealth is 50. Assume that your wealth will can 6 per year between the age of 70 and of 90 The answer is between $31.000 and $33 000 per year True False QUESTION 9 Your plan is to retire in 50 years. At that point you will be 70 years old. You expect to live will you are . If your wealth at age 70 is $400.000 what is the maximum you can spend each year so that when you are your wealth is 50. Assume that your wealth will earn 3 per year between the age of 70 and age of 90 The answer is between $30,000 and 531 000 per year. True False QUESTION 10 Click Save and submit to save and submit Chick Save All A l am MacBook Air