For an Investor with a Time Horizon of 12 Years

Multiple Choice

For an investor with a time horizon of 12 years and higher risk tolerance, an appropriate asset allocation strategy would be

A) 100 percent stocks.
B) 30 percent cash, 50 percent bonds, and 20 percent stocks.
C) 10 percent cash, 30 percent bonds, and 60 percent stocks.
D) 50 percent bonds and 50 percent stocks.
E) 100 percent bonds.