Jessica's portfolio consists of 30% common stock, 40% bonds, 15% foreign securities and 15% short-term securities. This asset allocation would be considered
A) aggressive.
B) moderate.
C) conservative.
D) passive.
Answer: B
Business
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William buys a $500,000 house from Keith Geller through a realtor. He makes a down payment of $200,000. He borrows the rest from Smith and Sons, a lending firm, and places his new house as collateral for the loan. Who is the debtor in this case?
A) William B) Keith Geller C) Smith and Sons D) the realtor
Business
The following are covered under IRCA:
a) Americans working abroad for a U.S. company b) Americans working in the U.S. for foreign companies c) resident aliens who work for foreign companies in the U.S. d) b&c e) all
Business