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QUESTION 31 Lavar Boots is a financial adviser and interviews a new client. Lavar recommends an investment in longer-term bonds because of an expectation that
QUESTION 31 Lavar Boots is a financial adviser and interviews a new client. Lavar recommends an investment in longer-term bonds because of an expectation that interest rates will fall over the next five-year period. The recommendation is most likely a part of the: O a. Planning stage. b. Execution stage. O c. Feedback stage. O d. Accumulation stage. QUESTION 32 John Ball is a first-time homeowner who purchases a home for $200,000 using a down payment of $20,000. The monthly mortgage payment is $1,079.19. The annual property tax bill of $6,321.82 is most likely a: O a. Time constraint. b. Liquidity constraint. O c. Legal constraint. O d. Unique circumstance constraint
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