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You are looking at the financial situation of your clients, Joe and Jane Campbell.Joe is a 45-year-old account representative and Jane is a 43-year old

You are looking at the financial situation of your clients, Joe and Jane Campbell.Joe is a 45-year-old account representative and Jane is a 43-year old nurse. They have two children,aged 8 and 10. They would like to retire at 60, but can wait until 65 if necessary. They have acombined after-tax income of $78,000. With $54,000 going to expenses, they have $24,000 per yearto invest. Both Joe and Jane have company pensions, and their RRSP assets are worth $65,000.Joe and Jane are inexperienced investors, bit are willing to accept a moderate amount of risk as longas the investments are of good quality.Would you recommend a growth, balanced or conservative asset allocation for the Campbells?

A.Balanced Asset allocation

B.Growth Asset allocation

C.Very conservativeAsset allocation

D.Conservative Asset allocation

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