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Kim Smith, an investment manager, has allocated funds for her clients in the following manner. Which of the following is the least appropriate allocation? Client
Kim Smith, an investment manager, has allocated funds for her clients in the following manner. Which of the following is the least appropriate allocation?
Client | Investment Avenue | |
I. | Blue Ocean Bank | Treasury bills |
II. | Finred University Endowment | Corporate bonds that mature in 20 years |
III. | Sandgo Corp.'s Insurance Fund | Highpotential startup firms |
Group of answer choices
A. I only.
B. II and III only.
C. III only.
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