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mitemediate ealoufistiefil Rugridyoul abruet ts the nemest cent. t. foferance toitmittan Leithe doeit ion and Leslie, who are twins, just received $35,000 each for their

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mitemediate ealoufistiefil Rugridyoul abruet ts the nemest cent. t. foferance toitmittan Leithe doeit ion and Leslie, who are twins, just received $35,000 each for their 30 th birthday. They both have aspirations to become milionares. Each plans to E a $5,000 annual contribution to her "early retirement fund" on her birthday, beginning a year from today. Allison opened an account with the fety First Eand Fund, a mutual fund that invests in high-quality bonds whose investors have earned 7% per year in the past. Leslie invested in the ISsue Bio-Tech Fund, which invests in small, newly issued bio-tech stocks and whose investors have eamed an average of 16% per year in the od's relatively short history. a. If the two wamen's funds eam the same returns in the future as in the past, how old will each be when she becomes a milloniairet do not round intermediate calculations: Pound your answers to two decimal places. 3) c. Is it rational of irrational Yor Allison to invest in the bond fund rather than in stoeks? irrational, joit that abe seemis to have jess toterance for ink than Letlo dies, I1. High espected returns in the markot are almost alwavs accompanied by less nik wo couldn't ray whother alligh is fational or irrational, just that she steems to have moce tolerance forinsk than lestle does. it rational or irrational for Allison to invest in the bond fund rather than in stocks? 1. High expected returns in the market are almost always accompanied by a lot of ask. We couldn't say whether Allison is rational or irrational, just that she seems to have less tolerance for risk than Leshe does. 11. High expected returns in the market are almost always accompanied by less risk. We couldn't say whether allison is rational or? irrational, just that she seems to have more tolerance for risk than Leslie does. III. High expected returns. in the market are almost always accompanied by a lot of risk. We couldn't say whether Allison is rational or irrational, just that she seems to have more tolerance for risk than Lestie does. IV. High expected retuens in the market are almost always accompanied by less nisk. We couldn't say whether Alligon is rationaf or ifrational, yost that she seems to have less tolerance for rik than Leslie does: V. High expected returns in the markot are almost always accompanied by a lot of nik. We couldn't say whether allison is rational of irrational, just that she seems to have about the same tolerance for nisk than Leslie does

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