QUESTION 8 Match the following questions to their correct answers For an investor with a time horizon of 15 years, no A. illiquid: high liquidity needs, and moderate risk tolerance, an B. taxable appropriate asset allocation strategy would be C. 20 percent bonds and 80 percent stocks. For an investor with a time horizon of eight D. illiquid: low years, has liquidity needs, and higher risk tolerance, E. 10 percent cash. 30 percent bonds, and 60 percent an appropriate asset allocation strategy would be stocks. Unrealized capital gains are F. not taxable Most art and antiques are and the transaction G. 30 percent cash, 50 percent bonds, and 20 percent compared to those of financial assets. stocks. H. 100 percent stocks 1. No enough information J. 100 percent bonds costs are