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Your 60 year old mother is in reasonable good health and has just received her retirement funds of $140,000 from her employer of 40 years.
Your 60 year old mother is in reasonable good health and has just received her retirement funds of $140,000 from her employer of 40 years. As a financial management student, she trusts you to create an investment portfolio which will be suitable for her. Her tolerance for risk is low. Provide justification for your options.
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