An individual expects to save 25000 during the coming year, Ask an Expert

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An individual expects to save $25,000 during the coming year from income and non-portfolio sources, such as salary.

They will need $50,000 within the next year to make a down payment for a house purchase. What is their liquidity requirement for the coming year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92765390

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