MAXIMIZING AFTER TAX VALUE WILL INCLUDE OPTIMIZING ASSET LOCATION....

4. Maximizing after tax value will include optimizing asset location. Traditional mean-

variance optimization can be modified to achieve this result or Monte Carlo simulation

can be used.

...

A. Determine whether each statement is correct or incorrect and if the statement is incorrect,

state why it is incorrect.

Grading Guide

Answer for Question 7-A

Correct

If the statement is incorrect,

Comment

or

state why it is incorrect

incorrect

Generally, the tax deferred account is