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One of your clients has a GIC coming due today and is in your office to discuss options. She could invest the funds in a
One of your clients has a GIC coming due today and is in your office to discuss options. She could invest the funds in a 90-day T-Bill at 1.75% however she knows that she needs a better return if she wants to achieve her goals. You've narrowed the choice down to two Mutual Funds with their details listed below. Your client is interested in the one that will give her the best return compared to its risk. Which investment would you recommend?
1-year Return | Standard Deviation | |
Fund "A" | 10.50% | 9% |
Fund "B" | 7.00% | 7% |
T-Bill | ||
There is not enough information provided to answer | ||
Fund "A" | ||
Fund "B" |
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