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Which of the following is correct about the changes that might occur in an investor's objectives and constraints as he or she gets older? a.
Which of the following is correct about the changes that might occur in an investor's objectives and constraints as he or she gets older?
a.
The investor's level of risk aversion will always increase as the investor ages.
b.
The time horizon always gets shorter as the investor ages.
c.
There is no need for liquidity until the investor retires.
d.
All of the above.
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International Finance For Non Financial Managers
Authors: Dora Hancock
1st Edition
0749480017, 9780749480011
