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Gwendolyn and Jack Francis Are Typical Investors

Question 118

Multiple Choice

Gwendolyn and Jack Francis are typical investors.As they approach retirement,which approach will they likely take?


A) They will choose more speculative investments.
B) Their choices of investments will not change.
C) They will choose more conservative investments.
D) They will choose more risky investments.
E) They will move all of their money into certificates of deposit.

Correct Answer:

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