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1. Assuming you earn $35,000 salary. The Easy Method of estimating your life insurance shown in the textbook indicates you should have life insurance worth:

A. $122,500

B. $171,500

C. $175,000

D. $245,000

2. As an investor, you decide your goal is a balanced portfolio. Which of the following asset allocation strategies is the best fit with your goal?

A. 20% stocks, 80% bonds

B. 40% stocks, 60% bonds

C. 70% stocks, 30% bonds

D. All of the above.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92818514

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