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What mutual funds would you recommend for an orphaned child age 7 whose parents were killed in a car crash? The court has appointed you as guardian overseeing the investing for the minor child. The child is being cared for by the aunt and uncle. They are receiving Social Security monies for the child until the child reaches age 18. Your objective is to grow the money for 11 years for future educational needs. You will invest 200,000 dollars. You will make the assumption that college tuition costs are rising by 7 percent per year. What mutual funds would you recommend in this situation? What mutual funds would you recommend for an orphaned child age 7 whose parents were killed in a car crash? The court has appointed you as guardian overseeing the investing for the minor child. The child is being cared for by the aunt and uncle. They are receiving Social Security monies for the child until the child reaches age 18. Your objective is to grow the money for 11 years for future educational needs. You will invest 200,000 dollars. You will make the assumption that college tuition costs are rising by 7 percent per year. What mutual funds would you recommend in this situation?

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Financial Management, Finance

Category:- Financial Management
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