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Jennifer is 68 years old widow. She earns $1975 per month from her pension income and has an RRSP portfolio of $220,000. Her monthly expenses

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Jennifer is 68 years old widow. She earns $1975 per month from her pension income and has an RRSP portfolio of $220,000. Her monthly expenses average about $3,000. Which of the following would most likely be her asset allocation? Cash 60% Fixed Income 30%, Equities 10% Cash 20%, Fixed Income 60% Equities 20% Cash 10%, Fixed Income 30%, Equities 60% Cash 50%, Fixed Income, 45%, Equities 5%

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