What would the equivalent taxable yield be on an investment that offers a 6 percent tax exempt yield? Assume a marginal tax rate of 28 percent

		7.20%
		6.20%
		8.33%
		5.25%

 

 

 

For an investor with a time horizon of 6 to 10 years and lower risk tolerance, an appropriate asset allocation strategy would be

		100% stocks
		100% cash
		30 percent cash, 50 percent bonds, and 20 percent stocks.
		100% bonds

 

 

For an investor with a time horizon of eight years and higher risk tolerance, an appropriate asset allocation strategy would be_______

		100% stocks
		100% bonds
		10 percent cash, 30 percent bonds, and 60 percent stocks.
		90% stocks 10% cash

 

 

For an investor with a time horizon of 15 years and moderate risk tolerance, an appropriate asset allocation strategy would be _________

 

		100% stocks
		20 percent bonds and 80 percent stocks
		40% cash 60% stocks
		50% bonds    50% stocks

 

 

Research from the 1970s to the 1990s found that over 90 percent of a fund's returns over time is explained by

 

		stock selection
		market timing
		asset allocation
		cash allocation