BOB WILEY IS A SINGLE FATHER WITH TWO CHILDREN. WILEY HAS A SECURE...

10. - 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
10. Bob Wiley is a single father with two children. Wiley has a secure job at a large multinational and has more than 30 years left to retirement. He constructs an equity portfolio for financing his children's college education who will be entering college next year. Which of the following statements is most likely correct? A. The time horizon is long and risky securities should be selected. B. The time horizon is long and less risky securities should be selected. C. The time horizon is short and less risky securities should be selected.