The purpose of this exercise is to apply the thinking behind how to pick an asset allocation appropriate for different investors. The appropriate asset allocation considers investment horizon, intended use of investment proceeds, and investor risk tolerance. Required: Assume each of the following investors is saving for retirement. Use the following funds to create a retirement portfolio: Answer the following questions for each investor. 1. Enter each of the symbols for the funds shown above in Yahoolfinance. What is the name of the fund family and what brief description is given for each fund shown with the symbol in your search field? 2. How long will the investor have before reaching retirement and how does this investment horizon influence the type of assets the investor can include in a portfolio for achieving retirement goals? 3. Create a possible portfolio for each imvestor using the funds listed above. What proportion of domestic stocks, international stocks, and bonds is appropriate for the investor's circumstances? Why did you pick the asset allocation that you did? In other words, justify your selections. Portolio 1: A newlywed couple in their 20 s Portfolio 2: A couple in their 40 s with two incomes and two children Portolio 2: A couple in their 50 shose children are grown and on their own