Solved

Last Month Nellie Jacobson's Divorce Became Final

Question 73

Multiple Choice

Last month Nellie Jacobson's divorce became final. As part of the settlement, she received $150,000. She would like to invest in mutual funds, but since she is 62 years old, she is concerned with the safety of her "nest egg." Which of the following mutual funds would you recommend?


A) Growth fund
B) Small cap fund
C) High-yield bond fund
D) International fund
E) Short-term U.S. bond fund

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions