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Which of the following statements regarding risk tolerance is not correct? A client's risk tolerance level will significantly affect the outcome of the financial planning

Which of the following statements regarding risk tolerance is not correct? A client's risk tolerance level will significantly affect the outcome of the financial planning recommendations. An attitude to assume risk is based on a client's feelings, reactions, or level of comfort with decreases in investment values. A client's attitude toward risk is the same as his or her capacity to assume risk. Risk tolerance can change over time as a client ages or depending on his particular situation

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