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    Exam 28: Investment Policy and the Framework of the CFA Institute Appendices
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    Questionnaires and Attitude Surveys Suggest That Risk Tolerance
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Questionnaires and Attitude Surveys Suggest That Risk Tolerance

Question 5

Question 5

Multiple Choice

Questionnaires and attitude surveys suggest that risk tolerance


A) increases with age.
B) decreases with age.
C) stays constant over the life cycle for most investors.
D) cannot be assessed.
E) none of the above

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