SECTION 6.1.1. LO.E.

5. - CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R47 THE PORFOLIO MANAGEMENT PROCESS AND THE IPS Q BANK
CFA 2018 LEVEL 2 PORTFORLIO QUESTION BANK R47 THE PORFOLIO MANAGEMENT PROCESS AND THE IPS Q BANK
5. C is correct. Bart's time horizon is long—she is in her early thirties and plans to retire in another thirty years. The time horizon consists of two stages: the first stage extends to her retirement; the second stage may last for 20 years or more and extends from retirement until her death. Section 6.2.2. LO.f.